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Activity Description Required Predecessor Duration A Product design (None) 5 months B Market research (None) 1 C Production analysis A 2 D Product

model A 3 E Sales brochure A 2 F Cost analysis C 3 G Product testing D 4 H Sales training B, E 2 I Pricing H 1 J Project report F, G, I 1

Activity A B C D E F G H I J

Description Product Design Market Research Production Analysis Product Model Sales Brochure Cost Analysis Product Testing Sales Training Pricing Project Report

Predecessors --A A A C D B,E H F,G,I

Duration 5 months 1 2 3 2 3 4 2 1 1

Activity Required Predecessor Normal Time Normal Cost Crash Time Crash Cost A (None) 3 weeks $3000 2 weeks $5000 B (None) 4 $4000 2 $6000 C (None) 5 $5000 3 $8000 D A 8 $5000 6 $6000 E A,B 3 $3000 2 $4000 F C 5 $4000 3 $8000

Activity A B C D E F

Predecessors Normal Time -3 weeks -4 -5 A 8 A,B 3 C 5

Normal Cost 3000 4000 5000 5000 3000 5000

Crash Time 2 weeks 2 3 6 2 3

Crash Cost 5000 6000 8000 6000 4000 8000

Activity A B C D E F

Predecessors ---A A,B C

Normal Time 3 weeks 4 5 8 3 5

Normal Cost 3000 4000 5000 5000 3000 5000

PERT/CPM PROJECT SCHEDULING

CRITICAL PATH ACTIVITY SCHEDULE FOR PROJECT (ES, LS, EF, LF, SLACK TIME) EF= ES + t LS= LF t SLACK=LS-ES ACTIVITY A B C D E F G ES 0 0 5 5 5 7 8 LS 0 8 7 5 9 9 8 EF 5 1 7 8 7 10 12 LF 5 9 9 8 11 12 12 LS-ES SLACK 0 8 2 0 4 2 0 YES YES CRITICAL PATH YES

H I J

1 3 12

9 11 12

3 4 13

11 12 13

8 8 0 YES

VARIABILITY IN PROJECT COMPLETION TIME SCHEDULING WITH UNCERTAIN ACTIVITY TIMES & THREE TIME ESTIMATES a = optimistic time m = most probable time b = pessimistic time T e = expected/normal time All times in weeks

ACTIVITY A B C D E F G H I J

Te 5 1 2 3 2 3 4 2 1 1

Variance