Question 1 Development of a new deluxe version of a particular software product is being considered.

The activities necessary for the completion of this project are listed in the table below along with their costs and completion times in weeks. Activity A B C D E F G Normal Time 4 2 3 8 6 3 4 Crash Time 3 1 3 4 3 2 2 Normal Cost 2,000 2,200 500 2,300 900 3,000 1,400 Crash Cost 2,600 2,800 500 2,600 1,200 4,200 2,000 Immediate Predecessor A A A B, D C, E F

(a) What is the project expected completion date? (b) What is the total cost required for completing this project on normal time? (c) If you wish to reduce the time required completing this project by 1 week, which activity should be crashed, and how much will this increase the total cost? Question 2 A network consists of the following list. Times are given in weeks. Activity A B C D E F G H I J K Preceding -A A A B B C, F D H G, I E, J a 7 2 8 3 4 6 2 2 6 4 2 m 9 2 12 5 6 8 3 2 8 6 2 b 14 8 16 10 8 10 4 8 16 14 5

a. What is the expected time for activity D? b. What is the standard deviation for activity A? c. Draw the network diagram. d. Based on the calculation of estimated times, which activities form the critical path? e. What is the estimated time of the critical path? f. What is the variance along the critical path? g. What is the probability of completion of the project after week 40? Question 3

A company must perform a maintenance project consisting of seven activities. The activities, their predecessors, and their respective time estimates are presented below:

a. Draw the diagram b. What task must be on the critical path, regardless of activity durations? c. What is the critical path of this network? d. What is the length of the critical path? e. What is slack time at activity E? g. If activity C were delayed by two time units, what would happen to the project duration?