Management
LONDON SOUTH BANK UNIVERSITY
, Table of Contents
Introduction ...................................................................................................................................................................... 1
1. Building House .......................................................................................................................................................... 1
1.1 Figures and Diagrams: ....................................................................................................................................... 1
1.2 Options of how would you schedule the project to minimise the duration and/or maintain quality: ............ 5
2. The critical path, Project Completion Time (T), and Project Variance 𝜎2p ................................................................ 5
Critical Path: .................................................................................................................................................................. 5
Project Completion Time: ............................................................................................................................................. 5
Project Variance 𝜎2p: ..................................................................................................................................................... 6
3. a) Analyse the network based on the normal durations for activities ..................................................................... 6
3. b) An assessment of the optimum time & optimum cost solution(s) and ‘least time’ & ‘least cost’ solutions ....... 7
4. Summary ................................................................................................................................................................. 10