Project management
MGT 604
Assignment #2
(To be uploaded to Blackboard by midnight 7/23/2016)
Consider a construction project with the following (8) activities:
1) Determine Activities Schedule for this project using a Gantt chart on Microsoft Project.
2) Identify the Critical Path of activities for this project.
3) Determine those activities that have Slack / Float, and their amount of Slack/ Float.
4) Given the Optimistic and Pessimistic time estimate for each activity in the table below, a) What is the probability of project completion in 16 weeks or less? b) With 99% confidence, when would this project be completed?
5) Given activity Crash Costs in the table below:
a) What is the Total Cost for completion of this construction project in normal time?
b) What is the additional cost for completing the project two (2) weeks earlier than expected?
[The Normal Distribution Cumulative Probability Table is attached]
MGT-604_Week- 2_ Assignment _RS