Assignment - 1 - Md. Rashedul Hasan - ID 21374016
Assignment - 1 - Md. Rashedul Hasan - ID 21374016
Assignment: 1
Course Title: Project Management
Course ID: MSC 723
Submitted By Submitted To
MD. RASHEDUL HASAN HASAN MAKSUD CHOWDHURY
EMBA Student ID: 21374016 Assistant Professor
Cell Phone No: 01842499494 BRAC Business School
E-mail: [email protected] BRAC University
CASE-1
∑ v= 3.56
(a) Critical path is AB – BC – CD – DF – FJ – JK – KL – LO – OP
Project Duration 58 Days
Critical path is significant because it gives the estimated project duration.
(b) Free float/Total float is the measure of time by which an action can be
deferred without postponing the task term. Total Float is calculated in the
table.
(c) We Know,
Z = T-PD/√V
Here, T = 60 Days
PD = 58 Days
√V = √3.56 = 1.06
Critical path: 1 – 2 – 3 – 4 – 9 – 14 – 20 – 21 – 22 – 23
Project Duration: 45.75 Days
Variance = 8.03
√Variance = 2.8345
(1) Shutdown completed one week earlier, 45.75-7 = 38.75 Days
Z= (38.75- 45.75)/2.8345= - 2.4695
(3) As the company is ready to increase the budget to shorten the falls at the time of
shutdown, the company must comply a good amount of direct cost. Also proper
planning of raw materials should be done in order to maintain the flow of
manufacturing activity.