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Stadium of Southwestern University: The Presentation Was Made by Tymoshenko Max
Stadium of Southwestern University: The Presentation Was Made by Tymoshenko Max
University
The presentation was made by Tymoshenko Max
Introduction
In this Capstone project, I will address to main
essential problems of project management
concerned with building Southwestern’s stadium and
will try to solve them. The subject of the research is
Southwestern University – one of the oldest
university in Texas, - a good option to show the main
principles of project management. Potential barriers
to this project include decisions about developing a
network drawing for Hill Construction and determine
the critical path, probability calculation of finishing
project in 270 days, I will use my knowledge from
the operation management discipline to settle the
problems mentioned above.
Southwestern University
Project
management
CPM Planning
PERT
Scheduling
Controlling
Practical Part
C Upgrading skybox stadium eating A 50 60 100 $4.000 C Upgrading skybox stadium A 65.0 $4.000
eating
Z = (due date – expected date) /
project standard deviation
Where PSD =
𝑉 =¿ ¿ ¿
A=11.11 Project Variance = 319.43
B=69.44 Project Standard Deviation = =17.87
D=136.11
G=2.78
H=11.11 Z = (270-260)/17.87 = 0.5596 ≈ 0.56 Probability of finishing the project in 270 days is 71.23%
I=44.44
L=44.44
Question 3
If it necessary to crash 250 or 240 days, how would you Hill
do so, and at what costs?
Activit Description Crash Crash Crash Critical
y Optimist Most cost/day Path?
ic Time likely
Time