Case Study Operation management.docx - Running head CASE STUDY 1 Case Study 1[Author Name(s First M Last Omit Titles and Degrees[Institutional

Case Study Operation management.docx - Running head CASE...

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Running head: CASE STUDY 1 Case Study 1 [Author Name(s), First M. Last, Omit Titles and Degrees] [Institutional Affiliation(s)] Author Note [Include any grant/funding information and a complete correspondence address.]
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CASE STUDY 1 2 Introduction Network analysis is a model that is commonly used in project management. Projects are made up of a series of interrelated activities and events that require scheduling to ensure the project is completed on time. Various models of network analysis can be utilized to manage activities comprising a project. The network models include; the critical path model (CPM), project evaluation review techniques (PERT) and project crashing. These techniques are combined to realize effective project management. The case study in question involves applying various Network Analysis techniques project a project being undertaken by B&W Systems. Basic Elements of Network Analysis A Network analysis problem cannot be solved without drawing a network diagram based on the information given. Normally, details about project duration and preceding activities is given. A network diagram involves three main symbols i.e. a circular node which represents an event, an arrow representing an activity and a broken arrow representing a dummy activity. A dummy actively is a non-existent activity that is used to show the interdependence of activities without breaching the rules of drawing networks. A dummy is also used to distinguish activities with a common starting and ending event. Events on a network diagram signify an end to an activity or activities. Events may also indicate the starting point of another activity. An activity on the other hand is an operation that consumes time and resources[CITATION Luc02 \p 345 \l 1033 ]. However, a dummy activity consumes zero time or resources since its non-existent. A network diagram is drawn progressively i.e. from left to right. At no point should activities cross each other. Dummy activities must only be used under circumstances mentioned
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CASE STUDY 1 3 above. One must ensure that an activity is preceded by the correct activity of a combination of activities. In the instant case the correct network diagram is as indicated below 1. What is the estimated completion time for this project? What is the estimated project budget? What is the probability that the project can be completed in 35 weeks?
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  • Spring '16
  • Mugenda

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