Question Details

CSU Dominguez Hills FIN 500 Ch8 Exercises


1.	Given the network plan that follows, compute the early, late, and slack times.  What is the project duration?  Using any approach you wish (e.g., trial and error), develop a loading chart for resources Electrical Engineers (EE), and resource, Mechanical Engineers (ME).  Assume only one of each resource exists.  Given your resource schedule, compute the early, late, and slack times for your project.  Which activities are now critical?  What is the project duration now?  Could something like this happen in real projects?

2.	Given the network plan that follows, compute the early, late, and slack times.  What is the project duration?  Using any approach you wish (e.g., trial and error) develop a loading chart for resource resources Carpenters (C) and Electricians (E).  Assume only one Carpenter is available and two Electricians are available.  Given your resource schedule, compute the early, late, and slack times for your project.  Which activities are now critical?  What is the project duration now?

3.	Compute the early, late, and slack times for the activities in the network that follows, assuming a time-constrained network.  Which activities are critical?  What is the time-constrained project duration?
Note:  Recall in the schedule resource load chart the “time constrained” schedule interval (ES through LF) has been shaded.  Any resource schedule beyond the shaded area will delay the project.

Without consideration of resources the project is estimated to take 13 time units and the critical path is 2  4  6 (see Network Diagram).

Assume you have only three resources and you are using a computer using a computer that uses software that schedules projects by the parallel method and following heuristics.  Schedule only one period at a time!
Minimum slack
Smallest duration
Lowest identification number
Keep a log of each activity change and update you make each period—e.g., period 0-1, 1-2, 2-3, etc.  (Use a format similar to the one on page 241.)  The log should include any changes or updates in ES and slack times each period, activities scheduled, and activities delayed.  (Hint:  Remember to maintain the technical dependencies of the network.)  Use the resource load chart to assist you in scheduling (see pages 242-243).
List the order in which you scheduled the activities of the project.  Which activities of your schedule are now critical?
Recompute your slack for each activity given your new schedule.  What is the slack for activity 1? 4? 5?

4.	Develop a resource schedule in the loading chart that follows.  Use the parallel method and heuristics given.  Be sure to update each period as the computer would do.  Note:  Activities 2, 3, 5, and 6 use two of the resource skills.  Three of the resource skills are available.

5.	You have prepared the following schedule for a project in which the key resource is a backhoe.  This schedule is contingent on having 3 backhoes.  You receive a call from your partner, Brooker, who desperately needs 1 of your backhoes.  You tell Brooker you would be willing to let him have the backhoe if you are still able to complete your project in 11 months.
Develop a resource schedule in the loading chart that follows to see if it is possible to complete the project in 11 months with only 2 backhoes.  Be sure to record the order in which you schedule the activities using scheduling heuristics.  Activities 5 and 6 require 2 backhoes, while activities 1, 2, 3, and 4 require 1 backhoe.  No splitting of activities is possible.  Can you say yes to Brooker- request?

6.	Given the time-phased work packages, complete the baseline budget for the project.

7.	Given the time-phased work packages and network, complete the baseline budget form for the project.
8.	Given the time-phased work packages and network, complete the baseline budget form for the project.