PR3043 Project Management, T.Y. B.Tech.
Production, Lab Assignments, [Faculty: Rajesh Dhake]
Vishwakarma Institute of Technology, Pune
Industrial & Production Engineering Department, Pune 411037
Course Code: PR 3043
Course Name: Project Management
Class: T.Y. B.Tech. Production
A.Y. 2019-20 Sem II
Lab Assignment 3
Three Time Estimates
Submitted By:
Roll No. GRN Name of Student
44 1710736 Roshni Mutha
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
Lab Assignment 3: [Solve Odd/Even Cases/Problems According to Your Roll No.]
CASES/PROBLEMS ON THREE TIME ESTIMATES
Q 1. A project consists of 8 activities, lettered A through H below. For each activity, the preceding
activity is given, and a probabilistic estimate of the time required completing it.
Times are in days.
Activity Preceding Optimistic Time Most Likely Time Pessimistic Time
Activity
A -- 2 4 6
B A 3 6 9
C A 2 5 11
D -- 2 10 12
E C, 4 8 15
F B,E 2 4 12
G D 3 4 11
H F,G 1 1 1
Determine critical path and project duration [2 marks]
Due to earthquake the project was started late by 3 days. Management was faced with the problem of
how to make up the lost time, and how much it would cost. Estimates of crash times and costs for
each activity are given below.
Activity Crash Time Cost per
Day
A Not possible -
B 3 days 200 per day
C not possible -
D not possible -
E 5 days 300 per day
F 2 days 500 per day
G not possible -
H not possible -
Which activity should be crashed on priority? [1 mark]
How many days should it be crashed? [1 mark]
How much will be the additional cost? [1 mark]
Q 2. A project consisting of eight activities has the following characteristics
--------------------------------------------------------------------------------------------------------
Activity Preceding Time Estimates (in weeks)
Activity ---------------------------------------------------------
Optimistic Most Likely Pessimistic
----------------------------------------------------------------------------------------------------------
A None 2 4 6
B None 10 12 26
C A 8 9 10
D A 10 15 20
E A 7 7.5 11
F B, C 9 9 9
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
G D 3 3.5 7
H E,F,G 5 5 5
--------------------------------------------------------------------------------------------------------
a) Draw the PERT network for the project
b) Determine the critical path (showing earliest and latest times)
Q 3. Solve numerical given below:
Q 4. Data on ABC project, pertaining to Activity, Precedence, Duration is given below
Activity Precedence Duration (days)
a m b
1. Perform requirement analysis -- 2 3 5
2. Select and lease a building. 1 10 15 17
3. Select a manager. -- 3 5 8
4. Relocate the manager. 3 15 20 24
5. Place advertisement 1 3 5 8
6. Order equipment 1 1 2 4
7. Receive equipment 6 22 25 27
8. Check equipment 7 7 10 13
9. Move/install equipment 8,11 1 3 5
10. Develop layout 2 3 5 7
11. Secure electrical, plumbing services 10 7 10 12
12. Order materials. 2 1 2 5
13. Receive materials. 12 7 10 13
14. Interview and select personnel 5,4 8 10 14
15. Train personnel 13,9,14 7 10 13
Compute the following after drawing a PERT network:
Expected time betweens events?
1. Standard Deviation
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
2. Statistical estimation of completion of project with (a) 68% confidence level and (b)
99% confidence level.
Q 5. A project consists of 8 activities, lettered A through H. below. For each activity, the preceding
activity is given, and a probabilistic estimate of the time required completing it. Times are in
days.
Preceding Optimistic Most Likely Pessimistic
Activity Activity Time Time Time
A -- 2 days 4 days 6 days
B A 3 6 9
C A 2 5 11
D -- 2 10 12
E C, 4 8 15
F B,E 2 4 12
G D 3 4 11
H F,G 1 1 1
a. Determine the expected time for each activity.
b. Determine the variance for each activity
c. Draw the PERT network for this project, with the activities on the arrows.
d. List all of the paths through the network.
e. What is the duration of each path? What is the variance of each path?
f. What is the critical path?
g. What is the second-most critical path?
h. Activity D was delayed three days by an earthquake in the area. What effect does this have
on the length of time required to complete the project?
i. What is the mean of the probability distribution for the completion time?
j. What is the standard deviation of the probability distribution for the completion time?
k. What is the probability of finishing the project within 24 days?
l. What is the probability of finishing the project within 22 days?
m. What is the probability that the project will take longer than 28 days?
Q 6. Consider the following network for a small maintenance project (all times are in days; network
proceeds from node 1 to node 7):
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
a. Draw an arrow diagram representing the project.
b. What is the critical path and associated time?
c. What is the total slack time in the network?
d. What is the expected time for 68, 95, and 99 percent completion limits?
e. If activity G had an estimated time of fifteen days, what impact would this have on your answer
to part b?
Q 7. A project consists of 11 activities, lettered A through K, below. For each activity, the preceding
activity is given, and a deterministic estimate of the length of time required to complete it in
weeks.
Activity Time Preceding Activity Time Preceding
Activity Activity
A 1 week - G 4 weeks E
B 3 A H 6 F
C 2 A I 2 G
D 4 C J 1 H,I
E 2 - K 1 B,D,J
F 3 E
a. Draw the precedence network for this project, with the activities on the arrows.
b. List all of the paths through the network.
c. What is the duration of each of the paths?
d. Calculate ES, EF, LS, LF for each activity.
e. What is the critical path?
f. What is the slack time for each activity?
g. The materials required to accomplish activity F have been delayed for two weeks by a
strike at the supplier's plant. What effect will this have on the length of time required to
complete the project?
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
h. An equipment breakdown has delayed activity B for one week. What effect will this have
on the length of time required to complete the project?
Q 8. For the project with data given in table below:
(a) Develop the A-O-A network
(b) Under standard PERT assumptions determine the critical path
(c) Compute probabilities that the project is completed within 50%, 75%, 90%, 110%, 125% and
150% of the critical path duration.
(d) For the non-critical node in the project, determine the probability of a positive slack.
Job Predecessors Duration (a,m,b)
A -- 2,5,8
B -- 2,2,14
C A 3,6,9
D A 2,8,14
E A 2,8,14
F B,C 3,6,15
G D,F 6,15,24
H D,F 1,4,7
I E,H 1,7,13
SOLUTIONS
Q2
Critical Path: 1) A-D-G-H
Earliest time-2+10+3+5=20
Latest time- 6+20+7+5=38
2) B-F-H
Earliest time-10+9+5=24
Latest time- 26+9+5=40
Q4
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
Statistical estimation of
completion of project
a) 68% confidence level
=0.68*53.15(project time)
=36.142 days
b) 99% confidence level
=0.99*53.15
=52.618 days
Q6
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
Critical Path: C-F-H-L
Associated time: 23 days.
Slack Time: A-4 days
B-3 days
C-0
D-10 days
E- 4 days
F- 0
G-5.4 days
H-0
I-5 days
J-10 days
K- 5.4 days
L-0
S.D is 2.33
Expected time for 68% completion limit is 24 days
Expected time for 95% completion limit is 27 days
Expected time for 99% completion limit is 28.5 days.
If activity G takes 15 days then
There will be two critical paths
1) C-F-H-L
2) C-G-K.
Q8
Critical Path is. A-C-F-G
S.D-7
1) Probability that the project is completed in
50% of CP duration- .94%
2) Probability that the project is completed in
75% of CP duration- 12.1%
3) Probability that the project is completed in
90% of CP duration- 31.9%
4) Probability that the project is completed in
110% of CP duration- 68%
5) Probability that the project is completed in
125% of CP duration- 88%
6) Probability that the project is completed in
150% of CP duration- 99%
Slag B-7 days
D- 5 days
E- 13 days
H- 4 days
I- 4 days.
PR3043 Project Management, T.Y. B.Tech. Production, Lab Assignments, [Faculty: Rajesh Dhake]
