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  • From Business: General-Business
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  • Due on May. 22, 2012
  • Asked on May 20, 2012 at 8:56:42PM
Asked by :
rmerrill
rmerrill
Rating :No Rating
Questions Asked: 27
Tutorials Posted: 0
 
 
Q:

You are the general manager of a large construction project. The contract has
both financial incentives for finishing on time or early as well as large
penalties if the project is completed late. You know that to get it done on time
or early, project planning using a formal time line is essential.

 

Address the following questions:



  1. In terms of creating a timeline, what is meant by the critical path
    of a PERT chart?
  2. As a project manager you know that the fastest possible time a project can
    be completed is known as the critical path. This implies that any delay in any
    step of a projects critical path, will therefore delay the overall project. On a
    particular project, step B is part of the critical path; step C and D both are
    not. Assume that all of these steps, B, C, and D are at risk of being delayed
    due to some issue (could be lack of people, lack of materials, equipment
    downtime—it makes no difference).

    • How would the manager go about prioritizing correction of the problem
      existing in B, C, or D?
    • Should the manager address the issue in step B first, step C first, or step
      D first; why?
  3. Once repair is completed in step #2, how would go you about prioritizing
    repairs at the other two steps?
 

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  • Posted on May 20, 2012 at 8:58:46PM
Posted by :
dorothea
dorothea
Rating (5):D
Questions Asked: 113
Tutorials Posted: 14,
Earned: $151.82
 
A:
Preview: ... me issue (could be lack of people, lack of materials, equipment downtime—it makes no difference). ?How would the manager go about prioritizing correction of the problem existing in B, C, or D? ?Should the manager address the issue in step B first, step C first, or step D first; why? As the B is on critical path therefore there would be no slack period for recovery therefore the error must be recti ...

The full tutorial is about 368 words long .