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Lec example 2016

The document outlines a maintenance project involving a network of activities from A to H, detailing their durations, resource requirements, and budgets. It includes tasks such as drawing network diagrams, calculating the critical path, and assessing project completion probabilities. Additionally, it presents a financial schedule, cost and schedule variances, and site layout organization for the project.

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10 views

Lec example 2016

The document outlines a maintenance project involving a network of activities from A to H, detailing their durations, resource requirements, and budgets. It includes tasks such as drawing network diagrams, calculating the critical path, and assessing project completion probabilities. Additionally, it presents a financial schedule, cost and schedule variances, and site layout organization for the project.

Uploaded by

sbeawe70
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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1.

Consider the following network for a small maintenance project (all times are in Months; network
proceeds from node A to node H):
Activity Duration IPA (immediate Planned Daily Resource Contract
(Weeks) predecessor) (Daily Laborer) Budget (in Birr)
A 2 - 6 60,000.00
B 2 - 13 150,000.00
C 2 - 7 70,000.00
D 3 - 17 180,000.00
E 2 B 15 150,000.00
F 3 C 15 150,000.00
G 3 A &E 5 60,000.00
H 3 F&G 3 30,000.00
a. Draw the network diagram using both AoA and AoN.
b. Find the Earliest and Latest event time on the network diagram and the project completion time.
c. Determine the probability of completing the project within 12 months?

d. Using resource leveling method smooth the peak resource requirements throughout the project.
Solution
a) Network Diagram

(a) AoA (b) AoN


b) Critical path is B-E-G-H and the completion time for the project is 10 months.
c) The probability of completing the project at 12 months is Z=(x-µ)/δ=(12-10)/ 0.6666

d) Using resource leveling method smooth the peak resource requirements throughout the project.
2. Answer the following questions for the above project given in workout problem no.1 for its financial
schedule
A. Compute the financial schedule by considerably dividing equally the CBB to the months of the schedule
for each activity.
Table 1 Financial Schedule
Activity Master Financial Schedule
CBB
list 1 2 3 4 5 6 7 8 9 10
A 60,000.00 30,000.00 30,000.00
B 130,000.00 65,000.00 65,000.00
C 70,000.00 35,000.00 35,000.00
D 180,000.00 60,000.00 60,000.00 60,000.00
E 150,000.00 75,000.00 75,000.00
F 150,000.00 50,000.00 50,000.00 50,000.00
G 60,000.00 20,000.00 20,000.00 20,000.00
H 30,000.00 10,000.00 10,000.00 10,000.00
BCWS (Birr) 190,000.00 190,000.00 185,000.00 125,000.00 70,000.00 20,000.00 20,000.00 10,000.00 10,000.00 10,000.00
Cumulative BCWS 190,000.00 380,000.00 565,000.00 690,000.00 760,000.00 780,000.00 800,000.00 810,000.00 820,000.00 830,000.00

B. If the financial progress report at the end of fifth month shows that EV= 800,000.00, AC=900,000.00.
Compute for Cost Variance, Schedule Variance; Cost Performance Index and Schedule Performance
Index & discuss the performance of the project.
PV up to 5th month = 760,000.00 Birr (From Master Schedule), EV= 800,000.00 Birr and AC=900,000.00Birr
 CV = EV – AC = 800,000.00 – 900,000.00= -100,000.00 Birr. Cost overrun by 100,000.00 Birr
 SV = EV- PV = 800,000.00 -760,000.00= +40,000.00 Birr. The project is ahead of schedule.
 SV%= (SV/PV) x100 = (40,000.00/760,000.00)*100%= +5.26%.The project is ahead of schedule by 5.26%.
 CV% = (CV/EV) x100 = (-100,000.00/800,000.00)*100%= -12.5%. The project cost overrun by 12.5% of ACWP.
 SPI = EV/PV = (800,000.00/760,000.00)=1.05 Birr
 CPI= EV/AC = (800,000.00/900,000.00)=0.89 Birr
3. Determine the optimum site layout/Site organization for
the plan shown, taking into account the following items.
Write the appropriate number indicated in figure 2 to
respective space provided for items A, B, C, D and E below.
(5pts)
A. Scaffolding store location ___3______
B. Reinforcement stockpile location ___5______
C. Waste materials stocking location ___4______
D. Concrete batching plant location ___1______
E. Material (cement, aggregate) stockpile __ 2______

Table 2 Z score

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