Explain Quantitative analysis: PERT
Problem- A project having the following six activities:
Activity Immediate Crash
Predecessors Time (weeks) Max Crash cost per week
i. None 7 7 N/A
ii. None 3 2 $750
iii. i 5 3 $1,000
iv. i, ii 6 4 $2,000
v. iii, iv 4 3 $1,250
vi. iv 3 2 $1,000
Part1- Draw the project network and list the earliest start (ES), earliest finish (EF), latest start (LS) and latest finish (LF) for each task
Part 2- List the tasks on the critical path
Part 3- What is the expected project duration in weeks?
Part 4- What is the slack for each activity?
i: ________ ii:_______ iii:________ iv:_______ v:_______ vi:_______
I need help to explain set deal with questions under quantitative analysis: Program Evaluation and Review Technique (PERT).