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1. Develop a network drawing for Hill Construction and determine the critical path.

How
long is the project expected to take?

- Critical Path= ACDGHIL= 30 + 65 + 55 + 30 + 20 + 30 + 30= 260 weeks

A B E F
I L

G H
C
D
K
J
Expected Time = (A+4M+B) / 6
A 30
B 60
C 55
D 65
E 30
F .1
G 30
H 20
I 30
J 10
K .1
L 30
2. What is the probability of finishing in 270 days?
Project Variance ((b- a)/6)^2
A 11.11
C 69.44
D 136.11
G 2.78
H 11.11
I 44.44
L 44.44
Total 319.43

Standard Deviation= √Project Variance = √319.43= 17.8726

Z= (Due date- Expected date of completion) / Standard deviation

This study source was downloaded by 100000807919769 from CourseHero.com on 09-17-2022 06:38:59 GMT -05:00

https://www.coursehero.com/file/42046654/Chapter-3-Southwestern-University-docx/
Z= (270-260)/ 17.8726= .5595
Probability = 71.21%

3. If it is necessary to crash to 250 or 240 days, how would Hill do so, and at what costs?

- 250 days = crash activity A by 10 weeks= 1500X10= $15,000


- 240 days = Crash activity B by 10 weeks = 1500X20= $30,000

This study source was downloaded by 100000807919769 from CourseHero.com on 09-17-2022 06:38:59 GMT -05:00

https://www.coursehero.com/file/42046654/Chapter-3-Southwestern-University-docx/

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