Mike was hired as a project manager to install hardwood floors for the company Awesome Floor and Tile. They will be installing new flooring into a local office building. Mike comes up with the list of work and estimates the time. A list of activities and their optimistic completion time, the most likely completion time, and the pessimistic completion time (all in days) are estimated in a given table. Following are the activities that are required to install the hardwood floor in the offices:
Activity 1: Measure office room dimensions
Activity 2: Estimate cost
Activity 3: Material requisition
Activity 4: Workforce requisition
Activity 5: Special tool requisition
Activity 6: Installation
Activity 7: Inspection and customer acceptance
Activity 2 starts immediately after Activity 1.
Activity 3, Activity 4, and Activity 5 start concurrently after Activity 2.
Activity 6 does not start until after Activity 3, Activity 4, and Activity 5 are completed.
The carpet installation project is complete after Activity 7 is completed.
Your assignment is to write a report that addresses the following:
If OT = Optimistic Time, MT = Most Likely Time, and PT = Pessimistic Time, use a Program Evaluation Review Estimate (PERT) to compute the statistical time for each activity, as in the following table:
Activities
OT
MT
PT
Activity 1
2
3
4
Activity 2
3
6
9
Activity 3
4
8
12
Activity 4
6
8
10
Activity 5
8
10
12
Activity 6
10
14
18
Activity 7
4
6
8
You must also do the following:
Determine and explain the expected completion time and the variance for each activity.
Determine and explain the total project completion time and the critical path for the project.
Determine and explain Early Start (ES), Early Finish (EF), Late Start (LS), and slack for each activity.
What is the probability that this project will be finished in 40 days or less? Explain.
Define how to gather the project requirements.
Analyze whether there are any potential changes that could impact overall project schedule and project finishing time.
Explain the best methods for managing the change requests and what kind of process this project should involve.
Analyze implications of changes in project scheduling.
Explain the best methods for managing the change requests and what kind of process this project should involve.
Evaluate applications of project management techniques in terms of the firm’s business operational goals and requirements.
Please submit your assignment in an APA-formatted paper, using the attached template.
Submitting your assignment in APA format means, at a minimum, you will need the following:
Title page: Remember the running head. The title should be in all capitals.
Body: The body of your paper begins on the page following the title page and abstract page and must be double-spaced (be careful not to triple- or quadruple-space between paragraphs). The type face should be 12-pt. Times Roman or 12-pt. Courier in regular black type. Do not use color, bold type, or italics except as required for APA-level headings and references. The deliverable length of the body of your paper for this assignment is 2–3 pages. In-body academic citations to support your decisions and analysis are required. A variety of academic sources is encouraged.
Reference page: References that align with your in-body academic sources are listed on the final page of your paper. The references must be in APA format using appropriate spacing, hang indention, italics, and upper- and lowercase usage as appropriate for the type of resource used. Remember, the Reference Page is not a bibliography but a further listing of the abbreviated in-body citations used in the paper. Every referenced item must have a corresponding in-body citation.
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