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
- Draw the project network (network diagram)
- Develop the activity schedule (ES, EF, LS, LF) put on diagram
- Compute the Expect Time for the Project (UT) and the Project Standard Deviation σ T
- 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?
- Should the manager begin planning the tennis program before June 1 ? Explain
- 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
Deliverable: Word Document
