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Project Time Management: Assignment

The project manager has developed a network diagram to manage the construction of a downtown building project. The project involves 10 tasks from clearing the lot (A) to landscaping (J). Time estimates for each task are provided using the optimistic, most likely, and pessimistic values. The assignment asks to: 1) Estimate task durations and identify the critical path using the three-point estimate technique and CPM calculations; 2) Calculate the new project completion time given different task delays; and 3) Discuss risks to the project and identify risk mitigation activities.

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AbracadabraGoonerLincol'otu
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59 views

Project Time Management: Assignment

The project manager has developed a network diagram to manage the construction of a downtown building project. The project involves 10 tasks from clearing the lot (A) to landscaping (J). Time estimates for each task are provided using the optimistic, most likely, and pessimistic values. The assignment asks to: 1) Estimate task durations and identify the critical path using the three-point estimate technique and CPM calculations; 2) Calculate the new project completion time given different task delays; and 3) Discuss risks to the project and identify risk mitigation activities.

Uploaded by

AbracadabraGoonerLincol'otu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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TM420 - Construction Project Management

Project Time Management: Assignment


The project manager of a construction company has developed the following network diagram to help
her manage a downtown building construction project. After receiving the plans (S), the manager must
coordinate a number of tasks, such as: Clearing the vacant lot, securing permits, digging a foundation,
putting in forms for the concrete, pouring the concrete foundation, putting up structural framing,
running electric/water/sewage, finishing the interior, finishing the exterior, and landscaping the
property. The building will then be ready to be occupied (End).

The associated time estimates for each task are as follows:


Task

Time Estimates (In weeks)


Optimistic

Most likely

Pessimistic

10

10

24

12

16

14

22

16

Fill in the template below, then answer the following questions:


Task

ES

EF

LS

LF

Slack

A
B
C
D
E
F
G
H
I
J

A) Use the three-point technique to estimate task duration, and the earliest start-earliest
finish-latest start-latest finish procedure to identify the critical path, the project completion
time, and the slack for each task.
B)

What happens to the expected project completion time if:


i)
ii)
iii)
iv)

C)

Tasks D and E are each delayed by 9 weeks?


Task B is delayed by 3 weeks?
All tasks are delayed each by one week?
The time to complete Task C is reduced by 25% of its expected completion
time?

Discuss the possible risks involved in this project, assuming that it represents a typical
building construction project, and identify a few risk mitigating activities that would
minimise the likelihood of delaying the project completion time.

Submit the assignment before 30th November 2012 at 10:00am at Office No.
A121

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