BRILLIANT CHAPS

**I HAVE ATTACHED A SAMPLE ANSWER. PLEASE DO NOT COPY FROM IT.**

Part 1 Exercise Questions (40 points)

Complete exercise questions 1 (5 pts), 3 (5 pts), 5 (10 pts), 6 (5 pts) and 9 (15 pts) found at the end of Chapter 8.

Part 2 Scheduling Problem (50 points)

Complete the following:

Your child is a member of the school theater group and have been asked to prepare the schedule, etc. for a skit to be performed during the 4th of July celebration in the local village square. As a volunteer, you offer to serve as the project controller because of your expertise in schedule management.

    1. Construct an AON diagram similar to the format used in the Youtube videos found in the commentary using an MS Excel spreadsheet. Ensure that you include a Start activity and a Finish activity. Include a legend (example is the one completed in Question 1, Part 1.
    2. Calculate the estimated time for each activity using PERT techniques for the 3 estimates provided. Include a sample calculation.
    3. Prepare a table that identifies all paths and their lengths. Which path is the critical path?
    4. During the execution phase of the skit project, one of the activities on the critical path is delayed by one day. Is this serious?
    5. Using the activity estimates for optimistic, pessimistic and most likely time to complete activities on the critical path, qualitatively discuss the estimate uncertainty of the critical path.

      Activity

      Predecessor

      Time (days)

      Optimistic

      Most Likely

      Pessimistic

      1

      None

      2

      4

      6

      2

      None

      5

      5

      5

      3

      2

      3

      5

      7

      4

      1

      7

      10

      13

      5

      1

      11

      12

      13

      6

      2,4

      5

      6

      7

      7

      3

      9

      10

      11

      8

      3,6

      5

      7

      9

      9

      4

      7

      9

      11

      10

      5

      3

      3

      3

      11

      7

      15

      17

      19

      12

      8

      6

      8

      10

      13

      9,10

      7

      8

      15

      14

      7

      12

      14

      16

      15

      12,13

      16

      17

      18

      You will be assessed on content and mechanics.

      Content (90 points): Each element of this assignment has a correct answer. Your content will be assessed on whether or not you produced a correct diagram, estimate, result, etc. or the degree to how you demonstrate knowledge of scheduling practices in case your diagram, estimate or result are incorrect.

      Mechanics (10 points): The results must include sample calculations (where applicable) and be presented in a professional manner.

      Criteria –

      Part 1
      Each response is complete and correct with sufficient detail to demonstrate a thorough understanding of the material.

      40points

      Responses have minor errors or omissions and may or may not fully demonstrate a thorough understanding of the material.

      34points

      Responses are incomplete, contain errors and omissions that result in failing to demonstrate understand of the material.

      30points

      No response or exceptionally poor response submitted for 1 or more questions.

      0points

      Part 2- AON Diagram

      A complete AON diagram includes start and finish nodes and is a correct representation of all paths in the network

      15points

      The completed AON diagram has some minor errors but includes all paths in the network

      12points

      The completed AON diagram has major errors that led to incorrect paths or missing paths

      10points

      No response or the AON diagram is in need of major reconstruction – as submitted it does not demonstrate understanding of diagramming technique.

      0points

      Part 2 – PERT Estimates

      A table is used to present results of most likely estimates using PERT technique correctly. A sample calculation is included to verify the student’s understanding of 3-point estimating with PERT

      15points

      The estimated times for activities has minor errors or omissions that are easily identified; a sample calculation is correct.

      12points

      The estimated times are incorrect and have some major errors in the technique used to determine them, or a sample calculation has not been provided.

      10points

      No response or the table of estimated time does not demonstrate an understanding of 3-point estimating technique using PERT analysis.

      0points

      Part 2 – Paths

      A table shows the correct number and lengths of all paths.

      15points

      One or two paths are missing, or a minor error in calculating path length is observed.

      12points

      Several errors and omissions; Paths have not been identified; Path lengths have errors;

      10points

      No response or the table presented has major errors and omissions such that the instructor cannot confirm the student demonstrates an understanding of the material.

      0points

      Part 2 – Questions 4 and 5

      Responses to questions are complete and correct.

      5points

      Responses have minor errors or omissions.

      4points

      Responses don’t demonstrate an understanding of critical path in the application of the July 4th skit

      3points

      No response.

      0points

      Mechanics

      Solutions are presented in a professional manner with good grammar, correct spelling, and easy to find solutions.

      10points

      Minor errors in grammar and spelling that are not distracting to the reader. Professional appearance in work submitted.

      8.5points

      Errors in grammar and spelling are distracting or the presentation of solutions are poor and not easy to follow.

      7points

      No response.

      0points

      Business Finance

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