CIVL2170 Part B In-Class Exercise 1
Develop a two level work breakdown structure consisting of at least 16 work packages
for the building of the Brooklyn Bridge as shown in the picture.
Brooklyn Bridge under construction in 1881
Project scheduling addresses issues in time planning/management.
Early scheduling methods: bar charts or Gannt charts
During the past 40 years: network based scheduling methods
This class covers bar charting and network sch
Bar charts and CPM networks assume all activity durations are
constant or deterministic.
The assumption of constant durations may not be realistic
because of working conditions.
To address the variability of project activities, the Prog
CIVL2170 In-Class Exercise 2: Solutions for Reference
Draw the activity network in both precedence and arrow notation.
1. A precedes B and B precedes C
2. A precede both B and C
3. A and B precede C
4. A precedes C and B precedes D
CIVL2170 In-Class Exerc
Time Value of Money
The growth of money is usually referred to as the time value of money.
Normally expressed as a percentage in a definite period, e.g. 10% per
annum, and reflects the rate of return of the sum of money if the latter
CIVL2170 In-Class Exercise 3: Solutions for Reference
In the construction of a 10-story building, each floor is divided into 4 sections. Assuming (1) the
production rate is 1 floor/week for weeks 1 and 2, 1.5 floor/week for weeks 3 to 6, and 1 floor/week
Economic Appraisal of
EAC Method and PW Method
Equivalent Annual Cost Method
We can interpret A as the equivalent annual cost of the investment P.
Interest can be calculated as:
P ( A / P, i %, n) P / n
CIVL2170 In-Class Exercise 4: Solutions for Reference
A man has borrowed $100,000 from a bank which charges him 12% interest per annum.
He has to recover the loan in 12 months.
(a) How much should he pay at the end of each month to the bank (assuming unif