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PROJECT SCHEDULING WITH UNCERTAIN ACTIVITY TIMES  383


                      Figure 9.9 Porta-Vac Cordless Vacuum Cleaner Project Network


                                                                  F
                                                      C          Cost
                                                    Routing
                                                               Estimates
                                        A                                                  J
                                      Prepare         D           G                       Final       Finish
                                       Design      Prototype    Testing                   Report

                                                      E           H           I
                           Start                   Marketing    Market     Pricing and
                                                   Brochure     Survey      Forecast

                                        B
                                     Plan Market
                                      Research




                      Figure 9.10 Porta-Vac Project Network with Activity Times


                                                  C  5        8  F  8       10
                                                  3  8.5    11.5  2  11.5   13.5

                                    A  0        5  D  5        9  G  9       12         J 13.5    15.5
                                                                                                      Finish
                                     5  0        5  4  5.5     9.5  3  9.5    13.5      2 13.5    15.5

                                                  E  5        8  H  8      11.5  I  11.5    13.5
                           Start
                                                  3  5        8  3.5 8      11.5  2 11.5    13.5

                                    B  0      1.5
                                    1.5  0        8





                                      values rather than by one specific time estimate. In these instances, the uncertain
                                      activity times are treated as random variables with associated probability distribu-
                                      tions. As a result, probability statements will be provided about the ability to meet a
                                      specific project completion date.
                                         To incorporate uncertain activity times into the analysis, we need to obtain three
                                      time estimates for each activity:

                                            Optimistic time a ¼ the minimum activity time if everything progresses ideally
                                       Most probable time m ¼ the most probable activity time under normal conditions
                                          Pessimistic time b ¼ the maximum activity time if significant delays are encountered

                                         To illustrate the PERT/CPM procedure with uncertain activity times, let us con-
                                      sider the optimistic, most probable and pessimistic time estimates for the Porta-Vac
                                      activities as presented in Table 9.4. Using activity A as an example, we see that the
                                      most probable time is five weeks with a range from four weeks (optimistic) to 12
                                      weeks (pessimistic). If the activity could be repeated a large number of times, what is
                                      the average time for the activity? This average or expected time (t)isas follows:




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