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AssignmentonthePERTMethod Considerthefollowingprojectnetworkdatabelowandanswerthequestionsthatfollowthedata.

A B H C I D J E K F L FINISH

START G

Activity A B C D E F G H I J K L

MinimumDuration (inweeks) 2 2 2 2 2 2 2 1 1 1 1 1

MostLikelyDuration (inweeks) 3 3 3 3 3 3 2 3 3 3 3 3

MaximumDuration (inweeks) 4 4 4 4 4 4 2 5 5 5 5 5

1. WhatistheexpectedcompletiontimeofthisprojectaccordingtothePERTmethod? 2. WhatisthePERTcriticalpath? 3. Whatistheprobability(accordingtoPERT)thatthisprojectwillbecompletedby20weeks? [Usetheztablesforthisquestion.] 4. InthefileGJPERTSimulation.xls(downloadablefromthisfolder),onethousandscenariosof theactivitytimesofA,B,,Lhavebeengenerated.Calculatetheprojectdurationineachof these1000scenariosandfindouttheprobabilitythattheprojectwillbecompletedby20weeks basedonthesescenarios.

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