1. Prepared by Scott M. Shafer, Updated by William E. Matthews and Thomas G. Roberts, William Patterson University Copyright 2007 John Wiley & Sons, Inc.5-1 Mantel, Meredith, Shafer, and Sutton Copyright John Wiley & Sons, Inc. All rights reserved. Reproduction or translation of this work beyond that permitted in Section 117 of the 1976 United States Copyright Act without express permission of the copyright owner is unlawful. Request for further information should be addressed to the Permissions Department, John Wiley & Sons, Inc. The purchaser may make back-up copies for his/her own use only and not for distribution or resale. The Publisher assumes no responsibility for errors, omissions, or damages, caused by the use of these programs or from the use of the information herein. 5 – Scheduling the Project

2. Late 1950s Program Evaluation and Review Technique (PERT) U.S. Navy, Booz-Allen Hamilton, and Lockeheed Aircraft Probabilistic activity durations Critical Path Method (CPM) Dupont De Nemours Inc. developed the method Deterministic activity durations Copyright 2007 John Wiley & Sons, Inc.5-2

3. Activity task or set of tasks uses resources Event state resulting from completion of one or more activities consumes no resources or time predecessor activities must be completed Milestones events that mark significant progress Network diagram of nodes and arrows used to illustrate technological relationships Path series of connected activities between two events Critical Path set of activities on a path that if delayed will delay completion of project Critical Time time required to complete all activities on the critical path Copyright 2007 John Wiley & Sons, Inc.5-3

4. Activities on Arrows (AOA) Network Activities on Nodes (AON) Network Copyright 2007 John Wiley & Sons, Inc.5-4

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10. Copyright 2007 John Wiley & Sons, Inc.5-10 Latest Start Time (LST) – Earliest Start Time (EST) = Slack Latest Finish time (LFT) – Earliest Finish time (EFT) = Slack

11. Three Time Estimates pessimistic ( a ) most likely ( m ) optimistic ( b ) Copyright 2007 John Wiley & Sons, Inc.5-11

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14. Task will be a or lower 5 percent of the time Task will be b or greater 5 percent of the time Copyright 2007 John Wiley & Sons, Inc.5-14 Task will be a or lower 10 percent of the time Task will be b or greater 10 percent of the time

15. Copyright 2007 John Wiley & Sons, Inc.5-15 =NORMDIST( D,,,TRUE) Note: NORMDIST is a function within Excel when using the spreadsheet method

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17. Copyright 2005 John Wiley & Sons, Inc.5-17 NORMINV(probability,,,TRUE) Note: NORMMINV is a function within Excel when using the spreadsheet method

18. Similarity Both must enumerate the alternative path Difference Traditional statistics assume path interdependence while simulation does not Copyright 2007 John Wiley & Sons, Inc.5-18

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21. Copyright 2007 John Wiley & Sons, Inc.5-21 Finish of Activity A to start of Activity B linkage ( F to S ) Start of Activity B to start of Activity C linkage ( S to S ) Finish of Activity A to finish of Activity B linkage ( F to F ) Start of Activity A to finish of Activity A linkage ( S to F )

22. Combines flowgraphs, probabilistic networks, and decision trees Allows loops back to earlier events and probabilistic branching Copyright 2007 John Wiley & Sons, Inc.5-22 Any ?s