Ch.

10 - Project Management with PERT/CPM

Contents:
Template for PERT Three-Estimate Approach
Reliable Construction Co. Project Scheduling Problem with Time-Cost Trade-offs
Template for PERT/Cost
Reliable's Cost Schedule Using Earliest Start Times
Reliable's Cost Schedule Using Latest Start Times
Click on the tab below to select the worksheet of your choice.

Template for PERT Three-Estimate Approach

Time Estimates
Activity
A
B
C
D
E
F
G
H
I
J
K
L
M
N

o
1
2
6
4
1
4
5
5
3
3
4
1
1
5

Data
Results

m
2
3.5
9
5.5
4.5
4
6.5
8
7.5
9
4
5.5
2
5.5

p
3
8
18
10
5
10
11
17
9
9
4
7
3
9

2
4
10
6
4
5
7
9
7
8
4
5
2
6

On Mean

Critical Path
0.111
*
1
*
4
*
1
0.444
*
1
*
1
4
1
1
*
0
1
*
0.111
0.444
*

Mean Critical
Path

44

9
P(T<=d) = 0.84134475
where
d=
47

Reliable Construction Co. Project Scheduling Problem with Time-Cost Trade-offs

Time
Activity Normal Crash
A
2
1
B
4
2
C
10
7
D
6
4
E
4
3
F
5
3
G
7
4
H
9
6
I
7
5
J
8
6
K
4
3
L
5
3
M
2
1
N
6
3

Cost
Normal
$180000
$320000
$620000
$260000
$410000
$180000
$900000
$200000
$210000
$430000
$160000
$250000
$100000
$330000

Crash
$280000
$420000
$860000
$340000
$570000
$260000
$1020000
$380000
$270000
$490000
$200000
$350000
$200000
$510000

Maximum
Time
Reduction
1
2
3
2
1
2
3
3
2
2
1
2
1
3

Crash Cost
per Week
saved
$100000
$50000
$80000
$40000
$160000
$40000
$40000
$60000
$30000
$30000
$40000
$50000
$100000
$60000

Start
Time
0
2
6
16
16
20
22
29
16
23
30
29
38
34

Time
Reduction
0
0
0
0
0
2
0
0
0
2
0
0
0
0

Finish Time =
40
Total Cost = $4690000

Finish
Time
2
6
16
22
20
23
29
38
23
29
34
34
40
40

Template for PERT/Cost

Estimated
Duration
Activity
(weeks)
A
2
B
4
C
10
D
6
E
4
F
5
G
7
H
9
I
7
J
8
K
4
L
5
M
2
N
6

Estimated
Cost
$180,000
$320,000
$620,000
$260,000
$410,000
$180,000
$900,000
$200,000
$210,000
$430,000
$160,000
$250,000
$100,000
$330,000

Start
Time
0
2
6
16
16
20
22
29
16
25
33
33
38
38

Cost Per Week

of Its Duration
$90,000
$80,000
$62,000
$43,333
$102,500
$36,000
$128,571
$22,222
$30,000
$53,750
$40,000
$50,000
$50,000
$55,000

Week
1
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Weekly Project Cost 90000

Cumulative Project Cost 90000
Data
Results

Week
2
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
3
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
4
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
5
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
6
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

90000
180000

80000
260000

80000
340000

80000
420000

80000
500000

Week
7
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
8
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
9
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
10
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
11
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
12
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
13
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

62000
562000

62000
624000

62000
686000

62000
748000

62000
810000

62000
872000

62000
934000

Week
14
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
15
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
16
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
Week
Week
17
18
19
0
0
0
0
0
0
0
0
0
43333.3 43333.3 43333.3
102500 102500 102500
0
0
0
0
0
0
0
0
0
30000
30000
30000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

62000
62000
62000 175833 175833 175833
996000 1058000 1120000 1295833 1471667 1647500

Week
Week
Week
Week
20
21
22
23
0
0
0
0
0
0
0
0
0
0
0
0
43333.3 43333.3 43333.3
0
102500
0
0
0
0
36000
36000
36000
0
0
0
128571
0
0
0
0
30000
30000
30000
30000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
24
0
0
0
0
0
36000
128571
0
0
0
0
0
0
0
0

Week
25
0
0
0
0
0
36000
128571
0
0
0
0
0
0
0
0

Week
26
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
27
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
28
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
Week
Week
Week
29
30
31
32
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
128571
0
0
0
0
22222.2 22222.2 22222.2
0
0
0
0
53750
53750
53750
53750
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

175833 109333 109333 194571 164571 164571 182321 182321 182321 182321 75972.2 75972.2 75972.2
1823333 1932667 2042000 2236571 2401143 2565714 2748036 2930357 3112679 3295000 3370972 3446944 3522917

Week
Week
Week
Week
Week
Week
33
34
35
36
37
38
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22222.2 22222.2 22222.2 22222.2 22222.2 22222.2
0
0
0
0
0
0
53750
0
0
0
0
0
0
40000
40000
40000
40000
0
0
50000
50000
50000
50000
50000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
39
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
40
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
41
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
42
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
43
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
44
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
45
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

75972.2 112222 112222 112222 112222 72222.2 105000 105000 55000

55000
55000
55000
0
3598889 3711111 3823333 3935556 4047778 4120000 4225000 4330000 4385000 4440000 4495000 4550000 4550000

Reliable's Cost Schedule Using Earliest Start Times

Estimated
Duration
Activity
(weeks)
A
2
B
4
C
10
D
6
E
4
F
5
G
7
H
9
I
7
J
8
K
4
L
5
M
2
N
6

Estimated
Cost
$180,000
$320,000
$620,000
$260,000
$410,000
$180,000
$900,000
$200,000
$210,000
$430,000
$160,000
$250,000
$100,000
$330,000

Start
Time
0
2
6
16
16
20
22
29
16
25
33
33
38
38

Cost Per Week

of Its Duration
$90,000
$80,000
$62,000
$43,333
$102,500
$36,000
$128,571
$22,222
$30,000
$53,750
$40,000
$50,000
$50,000
$55,000

Week
1
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Weekly Project Cost 90000

Cumulative Project Cost 90000
Data
Results

Week
2
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
3
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
4
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
5
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
6
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

90000
180000

80000
260000

80000
340000

80000
420000

80000
500000

Week
7
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
8
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
9
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
10
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
11
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
12
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
13
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

62000
562000

62000
624000

62000
686000

62000
748000

62000
810000

62000
872000

62000
934000

Week
14
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
15
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
16
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
Week
Week
17
18
19
0
0
0
0
0
0
0
0
0
43333.3 43333.3 43333.3
102500 102500 102500
0
0
0
0
0
0
0
0
0
30000
30000
30000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

62000
62000
62000 175833 175833 175833
996000 1058000 1120000 1295833 1471667 1647500

Week
Week
Week
Week
20
21
22
23
0
0
0
0
0
0
0
0
0
0
0
0
43333.3 43333.3 43333.3
0
102500
0
0
0
0
36000
36000
36000
0
0
0
128571
0
0
0
0
30000
30000
30000
30000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
24
0
0
0
0
0
36000
128571
0
0
0
0
0
0
0
0

Week
25
0
0
0
0
0
36000
128571
0
0
0
0
0
0
0
0

Week
26
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
27
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
28
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
Week
Week
Week
29
30
31
32
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
128571
0
0
0
0
22222.2 22222.2 22222.2
0
0
0
0
53750
53750
53750
53750
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

175833 109333 109333 194571 164571 164571 182321 182321 182321 182321 75972.2 75972.2 75972.2
1823333 1932667 2042000 2236571 2401143 2565714 2748036 2930357 3112679 3295000 3370972 3446944 3522917

Week
Week
Week
Week
Week
Week
33
34
35
36
37
38
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
22222.2 22222.2 22222.2 22222.2 22222.2 22222.2
0
0
0
0
0
0
53750
0
0
0
0
0
0
40000
40000
40000
40000
0
0
50000
50000
50000
50000
50000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
39
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
40
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
41
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
42
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
43
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
44
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
0

Week
45
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

75972.2 112222 112222 112222 112222 72222.2 105000 105000 55000

55000
55000
55000
0
3598889 3711111 3823333 3935556 4047778 4120000 4225000 4330000 4385000 4440000 4495000 4550000 4550000

Reliable's Cost Schedule Using Latest Start Times

Estimated
Duration
Activity
(weeks)
A
2
B
4
C
10
D
6
E
4
F
5
G
7
H
9
I
7
J
8
K
4
L
5
M
2
N
6

Estimated
Cost
$180,000
$320,000
$620,000
$260,000
$410,000
$180,000
$900,000
$200,000
$210,000
$430,000
$160,000
$250,000
$100,000
$330,000

Start
Time
0
2
6
20
16
20
26
33
18
25
34
33
42
38

Cost Per Week

of Its Duration
$90,000
$80,000
$62,000
$43,333
$102,500
$36,000
$128,571
$22,222
$30,000
$53,750
$40,000
$50,000
$50,000
$55,000

Week
1
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Weekly Project Cost 90000

Cumulative Project Cost 90000
Data
Results

Week
2
90000
0
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
3
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
4
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
5
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

Week
6
0
80000
0
0
0
0
0
0
0
0
0
0
0
0
0

90000
180000

80000
260000

80000
340000

80000
420000

80000
500000

Week
7
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
8
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
9
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
10
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
11
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
12
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
13
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

62000
562000

62000
624000

62000
686000

62000
748000

62000
810000

62000
872000

62000
934000

Week
14
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
15
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
16
0
0
62000
0
0
0
0
0
0
0
0
0
0
0
0

Week
17
0
0
0
0
102500
0
0
0
0
0
0
0
0
0
0

Week
18
0
0
0
0
102500
0
0
0
0
0
0
0
0
0
0

Week
19
0
0
0
0
102500
0
0
0
30000
0
0
0
0
0
0

62000
62000
62000 102500 102500 132500
996000 1058000 1120000 1222500 1325000 1457500

Week
Week
Week
Week
Week
Week
Week
Week
20
21
22
23
24
25
26
27
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
43333.3 43333.3 43333.3 43333.3 43333.3 43333.3
0
102500
0
0
0
0
0
0
0
0
36000
36000
36000
36000
36000
0
0
0
0
0
0
0
0
0
128571
0
0
0
0
0
0
0
0
30000
30000
30000
30000
30000
30000
0
0
0
0
0
0
0
0
53750
53750
0
0
0
0
0
0
0
0
0
0
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0
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0
0
0
0
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0
0
0
0
0
0
0
0
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0
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0
0
0
0
0
0

Week
28
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
29
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
30
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
31
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
0

Week
32
0
0
0
0
0
0
128571
0
0
53750
0
0
0
0
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132500 109333 109333 109333 109333 109333 97083.3 182321 182321 182321 182321 182321 182321
1590000 1699333 1808667 1918000 2027333 2136667 2233750 2416071 2598393 2780714 2963036 3145357 3327679

Week
Week
Week
Week
Week
Week
Week
Week
Week
Week
33
34
35
36
37
38
39
40
41
42
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
128571
0
0
0
0
0
0
0
0
0
0
22222.2 22222.2 22222.2 22222.2 22222.2 22222.2 22222.2 22222.2 22222.2
0
0
0
0
0
0
0
0
0
0
53750
0
0
0
0
0
0
0
0
0
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40000
40000
40000
40000
0
0
0
0
0
50000
50000
50000
50000
50000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55000
55000
55000
55000
0
0
0
0
0
0
0
0
0
0

Week
43
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
44
0
0
0
0
0
0
0
0
0
0
0
0
50000
55000
0

Week
45
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0

182321 72222.2 112222 112222 112222 112222 77222.2 77222.2 77222.2 77222.2 105000 105000
0
3510000 3582222 3694444 3806667 3918889 4031111 4108333 4185556 4262778 4340000 4445000 4550000 4550000