PROJECT SCHEDULING ROUND ALL NUMBERS TO AT LEAST TWO (2) DECIMAL PLACES The manager of the Oak Mountain


PROJECT SCHEDULING

ROUND ALL NUMBERS TO AT LEAST TWO (2) DECIMAL PLACES

The manager of the Oak Mountain Tennis Club is planning the club’s tennis teams summer schedule. The first team practice is Schedule for 12 weeks from now. The activities, their immediate predecessors, and the activity time estimates (in weeks) are as follows:

Activity Description Immediate

Predecessor Weeks .

Optimistic Most Probable Pessimistic

A Meet with board -- 1 1 3

B Hire coaches A 4 6 8

C Reserve courts A 2 4 6

D Announce Program B, C 1 2 3

E Meet with coaches B 2 3 5

F Order equipment A 1 2 3

G Register players D 1 1 7

H Collect fees F 1 2 3

I Plan 1 st practice E,H 1 1 3

  1. Draw the project network (network diagram)
  2. Develop the activity schedule (ES, EF, LS, LF) put on diagram
  3. Compute the Expect Time for the Project (UT) and the Project Standard Deviation σ T
  1. If the club manager plans to start the project today, June 1, what is the Probability the tennis program will be ready in 12 weeks?
  2. Should the manager begin planning the tennis program before June 1 ? Explain
  3. Compute the managers Expected Salary E[s] for this project if he is given the following Salary guarantees:

If tennis program is ready in

Time Salary

T < 10 wks $10,000

T > 14 wks 4,000

10 < T < 14 5,500

Price: $8.71
Solution: The downloadable solution consists of 5 pages, 371 words and 7 charts.
Deliverable: Word Document


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