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Pert Practice Qs

1. Your firm has been awarded a brand rejuvenation project with 10 online campaign design activities and their estimated completion times. 2. A network diagram identifies the critical path as activities 1-3, 3-5, 5-7 with an expected completion time of 8.2 days and a standard deviation of 1.3 days. 3. There is a 29.5% probability the project finishes 1.1 days early and a 15.8% probability it finishes 1.5 days late.

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Yandex Prithu
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82 views1 page

Pert Practice Qs

1. Your firm has been awarded a brand rejuvenation project with 10 online campaign design activities and their estimated completion times. 2. A network diagram identifies the critical path as activities 1-3, 3-5, 5-7 with an expected completion time of 8.2 days and a standard deviation of 1.3 days. 3. There is a 29.5% probability the project finishes 1.1 days early and a 15.8% probability it finishes 1.5 days late.

Uploaded by

Yandex Prithu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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1. An esteemed FMCG client has awarded a brand rejuvenation project to your firm.

The
project elements are examined and the third element (on-line campaign design) is broken
down to 10 activities. Various estimated time of completion for each activity (in days) are
tabulated below.

Time of completion in days


Most Most Most
Pessimistic Probabl optimistic
Activities Predecessor Time e Time Time
1-2 None 3.6 3 1.4
1-3 None 3.2 2.5 1.8
1-4 None 5.3 3.5 2.7
2-3 1-2 4.8 2.5 2.2
2-5 1-2 8 6 3
3-5 1-3, 2-3 7 5 4
3-6 1-3, 2-3 6 4 1
4-6 1-4 6 3.5 2.6
4-7 1-4 7 5 3
5-6 2-5, 3-5 6 4 3
5-7 2-5, 3-5 10 8.2 7
6-7 3-6, 4-6, 5-6 6.8 4 2.2

a) Draw a network diagram for this project element and identify the critical path.
b) Calculate the expected time of completion of the project and the corresponding
variance and standard deviation.
c) What is the probability that the project can be finished 1.1 days prior and 1.5 days
later than the mean expected project completion time?

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