I’m studying for my Management class and don’t understand how to answer this. Can you help me study?
**I HAVE ATTACHED A SAMPLE ANSWER. PLEASE DO NOT COPY FROM IT.**
Part 1 Exercise Questions (40 points)
Complete exercise questions 1 (5 pts), 3 (5 pts), 5 (10 pts), 6 (5 pts) and 9 (15 pts) found at the end of Chapter 8.
Part 2 Scheduling Problem (50 points)
Complete the following:
Your child is a member of the school theater group and have been asked to prepare the schedule, etc. for a skit to be performed during the 4th of July celebration in the local village square. As a volunteer, you offer to serve as the project controller because of your expertise in schedule management.
- Construct an AON diagram similar to the format used in the Youtube videos found in the commentary using an MS Excel spreadsheet. Ensure that you include a Start activity and a Finish activity. Include a legend (example is the one completed in Question 1, Part 1.
- Calculate the estimated time for each activity using PERT techniques for the 3 estimates provided. Include a sample calculation.
- Prepare a table that identifies all paths and their lengths. Which path is the critical path?
- During the execution phase of the skit project, one of the activities on the critical path is delayed by one day. Is this serious?
- Using the activity estimates for optimistic, pessimistic and most likely time to complete activities on the critical path, qualitatively discuss the estimate uncertainty of the critical path.
|
Activity |
Predecessor |
Time (days) |
||
|
Optimistic |
Most Likely |
Pessimistic |
||
|
1 |
None |
2 |
4 |
6 |
|
2 |
None |
5 |
5 |
5 |
|
3 |
2 |
3 |
5 |
7 |
|
4 |
1 |
7 |
10 |
13 |
|
5 |
1 |
11 |
12 |
13 |
|
6 |
2,4 |
5 |
6 |
7 |
|
7 |
3 |
9 |
10 |
11 |
|
8 |
3,6 |
5 |
7 |
9 |
|
9 |
4 |
7 |
9 |
11 |
|
10 |
5 |
3 |
3 |
3 |
|
11 |
7 |
15 |
17 |
19 |
|
12 |
8 |
6 |
8 |
10 |
|
13 |
9,10 |
7 |
8 |
15 |
|
14 |
7 |
12 |
14 |
16 |
|
15 |
12,13 |
16 |
17 |
18 |
You will be assessed on content and mechanics.
Content (90 points): Each element of this assignment has a correct answer. Your content will be assessed on whether or not you produced a correct diagram, estimate, result, etc. or the degree to how you demonstrate knowledge of scheduling practices in case your diagram, estimate or result are incorrect.
Mechanics (10 points): The results must include sample calculations (where applicable) and be presented in a professional manner.
Criteria –
| Part 1 |
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| Part 2- AON Diagram |
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| Part 2 – PERT Estimates |
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| Part 2 – Paths |
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| Part 2 – Questions 4 and 5 |
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| Mechanics |
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