Thursday, April 23, 2020

Rc Coleman Managerial Report free essay sample

35| 39| 35| 39| 0| Yes| K| 39| 43| 39| 43| 0| Yes| Expected time to finish the project is E(t)=B+C+E+F+H+J+K =9+4+10+6+6+4+4=43 weeks Standard deviation=the sum of the variances of the critical path =B + C + E + F + H + J + K =v2. 78 + 0. 44 + 1. 00 + 0. 44 + 0. 44 + 0. 11 + 0. 44 = v5. 56 = 2. 38 At Time =40 z= (40-43)/2. 38 = -1. 26 Cumulative probability= 0. 1038 or ~ 10% The critical activities are B, C, E, F, H, J and K. The project should be completed (earliest finish) in 43 weeks therefore R. C. Coleman’s 40 week completion time cannot be achieved. The probability of R. C. Coleman meeting the 40 week deadline is ~10%. This is a low chance, so they should be cautioned if they make 40 weeks their deadline. 2. 80% of a probability of ~0. 7995 has a z score of 0. 84. Thus 40-E(t)/v5. 67=0. 84 E(t)=38 weeks If the project is shorted to 38 weeks, R. C. Coleman will be able to achieve the goal of 80% completion at 40 weeks. R. C Coleman should crash activities to reduce the expected project completion time to 38 weeks. We will write a custom essay sample on Rc Coleman Managerial Report or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 3. Crashing decisions table;

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