Wednesday, 30 August 2017

PERT - Probabilistic Length of Project = 64 Project Variance 24.44444444

 PERT - Probabilistic Length of Project = 64 Project Variance 24.44444444 "Number of Critical Path(s) =" 1 Activity Name Description (N/A) Predecessor Optimistic time (o) Most likely time (m) Pessimistic time (p) Activity Name
On Critical Path Average Time Earliest Start Latest Start Earliest Finish Latest Finish Total Slack Activity VarianceA 2 4 8 A no 4.33 0 11.66666667 4.333333333 16 11.6667 1B 8 16 24 B Yes 16.00 0 0 16 16 0 7.111111111C A,B 4 8 16 C Yes 8.67 16 16 24.66666667 24.66666667 0 4D C 12 24 36 D no 24.00 24.66666667 28 48.66666667 52 3.3333 16E C 16 28 36 E Yes 27.33 24.66666667 24.66666667 52 52 0 11.11111111F D,E 2 4 12 F no 5.00 52 55 57 60 3 2.777777778G D,E 4 8 12 G Yes 8.00 52 52 60 60 0 1.777777778H F,G 2 4 6 H Yes 4.00 60 60 64 64 0 0.444444444I I 0.00 0J J 0.00 0K K 0.00 0L L 0.00 0M M 0.00 0N N 0.00 0O O 0.00 0P P 0.00 0Q Q 0.00 0R R 0.00 0S S 0.00 0T T 0.00 0U U 0.00 0V V 0.00 0W W 0.00 0X X 0.00 0Y Y 0.00 0Z Z 0.00 0Target Time 65 Target Probability 95.00% Probability 58.01% Time 72.13 A hospital is planning to add a $60 million patient tower. In order to support both the existing hospital facility and the new patient tower, an existing energy plant will be expanded and upgraded. Equipment upgrades include a generator,liquid oxygen tanks,cooling tower,boilers,and a
chiller system to ensure adequate electricity, heating,air conditioning,hot water,and oxygen delivery systems.Existing fuel tanks will be
relocated.The activities, their immediate pre decessors,and the optimistic, most likely,and pessimistic times in weeks for this project are
listed above.Identify 2–3 key challenges you would anticipate in managing this major construction project.Which management tools and methods described in this and previous weeks' Learning Resources would be most appropriate to use in addressing these challenges? Provide a rationale for your assertions

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