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Conduct a forward and backwards pass for the activity network diagram that you     have constructed and identify the critical path and its duration.  Calculate the slack on all of the activities, and proceed to analyze how knowing the slacks can help to manage schedule risk the a project  3b.   Assuming that there is the risk of exceeding the project schedule baseline for 7 weeks, critically evaluates the options available that could be used to bring the project on track

Conduct a forward and backwards pass for the activity network diagram that you     have constructed and identify the critical path and its duration.  Calculate the slack on all of the activities, and proceed to analyze how knowing the slacks can help to manage schedule risk the a project  3b.   Assuming that there is the risk of exceeding the project schedule baseline for 7 weeks, critically evaluates the options available that could be used to bring the project on track

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Construct an activity network diagram using Table 3a.

Activity

A

B

C

D

E

F

G

Predecessors

-

-

A

A,B

D

C,E

E

Expected

Time(WKS)

7

9

12

8

9

6

5

 

Table 3a  Activity Durations and relationship

 

  1. Conduct a forward and backwards pass for the activity network diagram that you    

have constructed and identify the critical path and its duration. 

  1. Calculate the slack on all of the activities, and proceed to analyze how knowing the slacks can help to manage schedule risk the a project 

3b.   Assuming that there is the risk of exceeding the project schedule baseline for 7 weeks, critically evaluates the options available that could be used to bring the project on track

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