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1. Chapter 5, Exercise #2 (page 149). Below is a project WBS with cost apportioned by percents.
a. If the total project cost is estimated to be $600,000, what are the estimated costs for the following deliverables?
· Design?
· Programming?
· In-house testing?
b. What weaknesses are inherent in this estimating approach?
c. What weaknesses are inherent in this estimating approach?
2. Chapter 6 Exercise #6 (page 187)
From the following information, develop an AON project network. Complete the forward and backward pass, compute activity slack, and identify the critical path. How many days will the project take? Attach or insert your AON network. You may use MSP to check your work, but your submitted file should be similar to that shown in figure 6.8 of Larson & Gray.
ID
Description
Predecessor
Time (days)
A
Survey site
None
2
B
Install drainage
A
5
C
Install power lines
A
3
D
Excavate site
B, C
4
E
Pour foundation
D
3
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