FIU MAN4504 project 2

MAN 4504 Project 2 Guidelines:

Your paper should include the following:
Page 1
Title of paper
Student Name
Student course number and course name
Semester and year
Name of University- correctly spelled
Name of Professor – correctly spelled
Visible digital photo of yourself

2. Page 2 Table of contents

3. Pages 3 – 5 Your answers to Problem Assigned ( it is up to you on how many pages you place your answers)

Paper should be

Double spaced,
Fonts: Times Roman or Ariel
Font size: 12
Font color : black
Margins should be 1″ either side
Spell checked
MS Word- Any other applications should be from the MS family
CBA does not support Visio or WordPerfect
Emailed by class time
Project 2 must be presented in ONE fileand saved as “yournameproject 2.doc”
Project 2 must have a color digital and visible photoof yourself

Project 2 Problem:

A partially solved PERT problem is detailed in the table below. Times are given in weeks. You need to show your work!

Activity

Preceding

Optimistic

Time

Probable

Time

Pessimistic

Time

Expected

Time

Variance

A

7

9

14

1.361

B

A

2

2

8

1.00

C

A

8

12

16

1.778

D

A

3

5

10

1.361

E

B

4

6

8

0.444

F

B

6

8

10

0.444

G

C, F

2

3

4

0.111

H

D

2

2

8

1.000

I

H

6

8

16

2.778

J

G, I

4

6

14

2.778

K

E, J

2

2

5

0.250

a. Calculate the expected time for each activity. Enter these values in the appropriate column in the table above.

b. Which activities form the critical path?

c. What is the estimated time of the critical path?

d. What are the project variance and the project standard deviation?