Purchase Solution

Pert Chart

Not what you're looking for?

Ask Custom Question

A project is characterized by activities A through F. The predecessor activities and the times required, and costs for both a regular and crash program for each activity are shown in the attached table.

a. Using only the time for the regular program activities, draw a PERT network for this problem. What is the critical path? How long will it take to complete the total project?

I believe the critical path is A, B, E and it will take 9 days to complete the project but I am not sure this is correct.

b. What is the cost of the project as given in a. (I believe the cost is $32,000)
c. Find the time-cost trade-off points that are possible. What is the minimum time in which the project can be completed? What is the cost of this program?

Attachments
Purchase this Solution
Solution Summary

An an example of critical path using Pert chart method.

Solution Preview

I have used your chart to try to illustrate what you need. Sometimes there is a problem with trying to see the whole rather than the individual steps of the PERT. Evaluate it at each step, writing it out. Even experts write out each step.

Activity Predecessor Activities Time/Weeks
Regular Crash Cost (000's)
Reg. Cost ...

Purchase this Solution
Free BrainMass Quizzes
Learning Lean

This quiz will help you understand the basic concepts of Lean.

Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Operations Management

This quiz tests a student's knowledge about Operations Management

View More Free Quizzes
Related BrainMass Solutions

  • PERT Chart

    PERT chart Solution matches the given defintion with a correct project management chart.

  • Cincinnatti Software: Scheduling Technique

    .// Gantt Chart- It is also known as Bar chart. Gantt chart is a specialized chart which represents the tasks as segments on a time scale. The left hand side of the Gantt chart represents the lists of tasks. Time scale is on the horizontal axis.

  • PERT chart

    Thanks, Rahul Jain This explains the concept related to PERT chart

  • Two Project planning tools- Gantt, CPM

    The PERT chart may have multiple pages with many sub-tasks. The following is a very simple example of a PERT diagram: The Network Diagram Steps in the PERT Planning Process PERT planning involves the following steps: 1.

  • The Role of PERT, CPM and Gannt in Project Management

    CPM/PERT Charts CPM/PERT charts are frequently preferred over a Gantt chart, "because it clearly illustrates task dependencies...on the other hand, the CPM/PERT chart can be much more difficult to interpret, especially on complex projects (PERT Charts

  • Schedule and Cost Control Techniques

    Additional Advantages: - A PERT chart explicitly defines and makes visible dependencies (precedence relationships) between the WBS elements. - PERT facilitates identification of the critical path and makes this visible.

  • What are other kinds of project management tools other than MS Project?

    Gantt Chart Gantt charts address the time of individual work elements giving a time line for each activity of a project. This type of chart is the predecessor of PERT.

  • Using PERT Methodology in Strategic Decisions

    A PERT chart presents a graphic illustration of a project as a network diagram that consists of numbered nodes, arcs and the events."

  • Scheduling Devices

    a - PERT/CPM network b - milestone chart c - Gantt Charts d - combination of one or more of the above I believe its C not completely sure The answer is C Milestone chart is used to identify key milestones (dates) in the project.

  • Gantt Charts and PERT diagrams

    139817 Gantt Charts and PERT diagrams This paper contains a fully formatted APA paper containing both a Gantt chart and a PERT diagram which were created from supplier data.

View More Related Solutions