Chapter 9
Chapter 9
Ex.
ACTIVITY DESCRIPTION IMMEDIATE EXPECTED
PREDECESSOR ACTIVITY
TIME
A
B
C
D
E
IMMEDIATE PREDECESSOR
- Identifies the activities that must be completed
immediately prior to the the start of that activity
PATH
- Sequence off connected noodes that leads ffrom
the start node to finish node
CRITICAL PATH
- To determine project completion time, we have to
analyze network and identify what is called the
critical path
- The critical path is the longest path of all possible
paths to complete the project
- If activities on the path are delayed, the entire
project will be delayed
1. Find the earliest start time and the latest start time for
all activities
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EF= Earliest finish time for an activity
T = Expected activity time
*If a task has more than one predecessors, you will just
use the one with the largest finish time.
FORWARD PASS
- is used to get the total earliest time to finish the
project
BACKWARD PASS
- To get the latest finish time of the project and the
activities
LS = LF + T
Slack
- Length of time an activity can be delayed without
increasing the project completion time
SLACK = LS - ES OR LF - EF
Critical activities
- ACTIVITIES WITH ZERO SLACK
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PROJECT SCHEDULING BASED ON
UNCERTAIN ACTIVITY TIMES
- In some cases where managers deal with having to do tasks that they don't
have prior experience on, they won't have the data necessart to provide
accurate time estimates for each activity
3. Pessimistic time
- Denoted as b, it is the maximum activity time if substantial delays are
encountered
Let’s assume we have a project with 4 activities (A, B, C, and D) with the following
time estimates:
Activity Optimistic Time (O) Most Likely Time (M) Pessimistic Time (P)
A 2 days 4 days 6 days
B 3 days 5 days 7 days
C 1 day 3 days 5 days
D 4 days 6 days 8 days
We can calculate the Expected time of each activity using its estimated Optimistic
time, most likely time, and pessimistic times using the PERT FORMULA
This formula gives a weighted average, giving more importance to the most likely
time (M) which explains why it is multiplied by 4.
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time (M) which explains why it is multiplied by 4.
Activity A → Activity B
Activity A → Activity C
Activity B → Activity D
Activity C → Activity D
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5. Calculate Late Start (LS) and Late Finish (LF) Times
• This is done through a BACKWARD PASS starting from the very last activity
• LF for the last activity is the project’s total duration (from the EF of the last
activity).
• Latest Finish of an activity is the Latest Start of its following activity
• If the activity leads to TWO activities, then its Latest finish is the smallest Latest
Start between the two
The Slack or Float for each activity is the amount of time an activity can be
delayed without delaying the project.
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Slack = LS - ES or Slack = LF - EF
The Critical Path is the longest path in the project network, and it determines the
shortest possible duration for completing the project. Activities with zero slack
make up the critical path.
the variability is based on the difference between the optimistic and pessimistic estimates.
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- If you are calculating the total variance for the project’s critical path, you sum the
variances of the individual activities on the critical path.
Example:
If a project consists of three activities (A, B, and C), and their variances are:
• Variance of A = 0.4444
• Variance of B = 0.25
• Variance of C = 0.36
Total Variance for the project = 1.0544
Example:
Let’s work through the steps with the same activities as before, assuming we have the
following information:
Activity A:
• Optimistic Time (O) = 2 days
• Most Likely Time (M) = 4 days
• Pessimistic Time (P) = 6 days
Activity B:
• Optimistic Time (O) = 3 days
• Most Likely Time (M) = 5 days
• Pessimistic Time (P) = 7 days
Activity C:
• Optimistic Time (O) = 4 days
• Most Likely Time (M) = 6 days
• Pessimistic Time (P) = 8 days
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3. Calculate Expected Time and Standard Deviation for the critical path
- We will find the sum of the expected times for the activities on the criitcal path
- We will also sum variances of the critical path activities to get total variance
- Take square root of variance to find the total SD
5. Find the Probability Using the Z-Table: Once we have the Z-score, we can use
a Z-table (standard normal distribution table) to find the probability
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a Z-table (standard normal distribution table) to find the probability
corresponding to that Z-score.
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