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NETWORKS, PERT AND CPM EXERCISE SOLUTION
Descriptions document summarizes the answers to the exercise so that students can evaluate their work by comparing their answers to the ones in
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How to fill out networks pert and cpm

How to fill out networks pert and cpm:
01
Start by identifying all the tasks that need to be completed for a project. Break down the project into smaller, manageable tasks.
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Determine the sequence and dependencies of these tasks. Identify which tasks need to be completed before others can start.
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Assign realistic time estimates to each task. Consider factors such as resources needed, complexity, and potential risks.
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Use the Program Evaluation and Review Technique (PERT) to calculate the expected duration for each task. PERT uses optimistic, pessimistic, and most likely estimates to determine a weighted average time.
05
Calculate the earliest start (ES) and earliest finish (EF) times for each task. The ES of a task is the latest EF of all its predecessors, while the EF is the sum of the ES and the task's duration.
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Determine the latest start (LS) and latest finish (LF) times for each task. The LF of a task is the earliest LS of all its successors, while the LS is the difference between the LF and the task's duration.
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Calculate the total float or slack for each task. Total float indicates the amount of time a task can be delayed without affecting the project's overall duration.
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Construct a network diagram using the Critical Path Method (CPM) to visualize the project's tasks and dependencies. The critical path represents the sequence of tasks with zero float and determines the minimum project duration.
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Review the network diagram to identify the critical path and any potential bottlenecks or constraints in the project schedule.
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Continuously update and monitor the project progress, making adjustments as necessary to keep the project on track.
Who needs networks pert and cpm:
01
Project Managers: Networks PERT and CPM are indispensable tools for project managers as they provide a systematic approach to planning, scheduling, and controlling projects. These techniques help project managers identify critical tasks, allocate resources efficiently, and ensure project completion within the specified timeframes.
02
Engineers and Construction Professionals: Networks PERT and CPM are commonly used in engineering and construction projects to manage complex tasks and dependencies. These professionals rely on these techniques to plan and schedule activities, organize resources, and minimize delays or disruptions in projects.
03
Business Owners and Executives: Networks PERT and CPM provide a comprehensive view of a project's timeline and critical path, enabling business owners and executives to make informed decisions, manage risks, and set realistic project goals. These techniques are valuable for strategic planning and resource allocation within organizations.
04
Researchers and Scientists: Networks PERT and CPM are also used in research and scientific projects to manage experiments, data collection, and analysis. These techniques help researchers allocate resources effectively, track progress, and ensure timely completion of research objectives.
05
Anyone involved in complex projects: Networks PERT and CPM are applicable to a variety of industries and sectors, making them useful for any individual or team involved in managing complex projects. From event planning to software development, these techniques provide a structured approach to project management, improving efficiency and reducing the chances of delays or cost overruns.
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What is networks pert and cpm?
Networks PERT and CPM are project management techniques used to plan, schedule, and control projects.
Who is required to file networks pert and cpm?
Project managers or individuals responsible for managing projects are typically required to file networks PERT and CPM.
How to fill out networks pert and cpm?
To fill out networks PERT and CPM, one must identify project tasks, estimate task durations, and determine task dependencies.
What is the purpose of networks pert and cpm?
The purpose of networks PERT and CPM is to help project managers effectively plan and manage project schedules.
What information must be reported on networks pert and cpm?
Information such as task names, task durations, task dependencies, and critical paths must be reported on networks PERT and CPM.
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