Implications of Change and Expense Analysis using PERT

| September 29, 2018

Scenario 3-412-a
McGee Carpet and Trim installs
carpets in commercial offices. Andrea McGee has been very concerned with
the amount of time it took to complete several recent jobs. Some of her
workers are very unreliable. A list of activities and their optimistic
completion time, the most likely completion time, and the pessimistic
completion time (all in days) for a new contract are provided in a given
table. Following are the activities that are required to install the
carpets in the offices: Activity 1 (Measure office room
dimensions),Activity 2 (Estimate cost), Activity 3 (Material
Requisition), Activity 4 (Workforce Requisition), Activity
5 (Special Tool Requisition),Activity 6 (Installation), Activity
7 (Inspection and customer acceptance).

Activity 2starts immediately after Activity 1. Activity 3, Activity
4, and Activity 5start concurrently after Activity
2. Activity 6does not start until after Activity 3, Activity
4,and Activity 5are completed. The carpet
installation project is complete after Activity 7 is
completed. If OT= Optimistic Time, MT= Most
Likely Time, and PT = Pessimistic Time, use Program Evaluation
Review Estimate (PERT) to compute the statistical time for each activity in the
table shown below.

Activities

OT

MT

PT

Activity 1

4

6

14

Activity 2

5

12

16

Activity 3

7

15

23

Activity 4

13

16

28

Activity 5

17

20

35

Activity 6

20

32

50

Activity 7

5

6

13

Also, (a) Determine the expected
completion time and the variance for each activity (b) Determine the total
project completion time and the critical path for the project. (c)
Determine Early Start (ES), Early Finish (EF), Late Start (LS), and slack for
each activity. What is the probability that McGee Carpet and Trim
will finish the project in 40 days or less?

Define project management and
the necessary requirements.
Analyze implications of changes
in project scheduling.
Evaluate application of project
management techniques in terms of the firm’s business operational goals
and requirements.

Please submit your assignment in an APA formatted paper.
Submitting your
assignment in APA format means, at a minimum, you will need the following:

TITLE PAGE. Remember the Running
head: AND TITLE IN ALL CAPITALS
ABSTRACT. A summary of your
paper…not an introduction. Begin writing in third person voice.
BODY. The body of your paper
begins on the page following the title page and abstract page and must be
double-spaced (be careful not to triple- or quadruple-space between
paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier
in regular black type. Do not use color, bold type, or italics except as
required for APA level headings and references. The deliverable length of
the body of your paper for this assignment is 2-3 pages. In-body academic
citations to support your decisions and analysis are required. A variety
of academic sources is encouraged.
REFERENCE PAGE. References that align
with your in-body academic sources are listed on the final page of your
paper. The references must be in APA format using appropriate spacing,
hang indention, italics, and upper and lower case usage as appropriate for
the type of resource used. Remember, the Reference Page is not a
bibliography but a further listing of the abbreviated in-body citations
used in the paper. Every referenced item must have a corresponding in-body
citation.

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