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Chapter 3 a

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Chapter 3a

Project Management

Given the information below, what is the total additional cost to crash the project as much as possible?

c=6

f=8

a=7

d=4

Path Durations

a c f = 21

a d g = 16

b e g = 20

b=6

g=5

e=9

if then cost result

d

PERT Example

g

a

b

e

c

h

f

Critical path:

Expected project duration T =

Standard deviation of critical path σcp =

Prob(X > 48)?

Prob(X < 43)?

Prob(43 < X < 48)?

Predict a completion date that you’re 80% sure you can meet.