project management

May 24th, 2016
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Project Management QuizActivityABCDEFGHPredecessorAB,D,EC,HGDuration(weeks)34248595(a) What is the estimated project completion time?Network PathsA-B-C-FD-C-FE-C-FG-H-FDuration14111519Longest Path is the Critical PathThe project duration is equal to duration of the critical Path. So Project Duration =(b) List the critical path activities.Critical Path activities areG,H,F(c) Suppose the original estimates are treated as most likely. The optimistic andpessimistic time estimates are assumed to be 1 week less and 1 week more,respectively, than the most likely estimate. Find a reasonable time estimate forthe project completion time, with a brief explanation of your definition ofreasonable.Tp Pessimistic timeToOptimistic TimeVariance=((Tp-To)/6)^2Duration(weeks)Activity Predecessor OptimisticMost Likely Pessimistic varianceA2340.11111111BA3450.11111111CB,D,E1230.11111111D3450.11111111E7890.11111111FC,H4560.11111111G89100.11111111HG4560.11111111Total variance of critical activities =0.33333333Standard Deviation of project =0.57735027As we assume a normal di

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