HOMEWORK 2, Agribusiness Project Management, AGBU 515, Summer 2017

All the problems must be neatly handwritten and stapled together. Sloppy homework assignments will
be penalized.
You MUST submit every homework assignment completed 100% to be eligible to take the upcoming
exam. All homework assignments MUST be done on your own. No collaboration is allowed. You can
talk to the instructor or the TA if you have questions.
Due: 18:25 pm, July 21
Late homework: no credit will be given; however, you still must submit it
Submit to: Teaching assistant
Total points possible: 100

Problem 1 (25 points)

Construct and analyse an AON type network diagram proceeding from the data presented in the
table below.
Activity ID Duration, day Predecessors
Start 0 -
A 30 Start
B 60 A
C 45 A
D 60 B
E 60 B
F 15 C
G 30 E
End 0 D, F, G

Problem 2 (25 points)

Construct and analyse AON type network diagram in accordance with data presented in the table
below:
Activity Dependences Duration, days
A Start 5
B A 5
C B 5
D A 5
E C, D 2
F A 20
End E, F 0
Problem 3 (25 points)

Construct and analyse an AON type network diagram proceeding from the data presented in the
table below.
Activity ID Duration, day Predecessors
Start 0 -
A 5 Start
B 8 A
C 3 B
D 4 A
E 5 C
F 7 C
G 6 D,E
H 8 F
I 6 G
J 5 H, I
End 0 J

Problem 4 (25 points)

Compose and analyze a precedence type network diagram in accordance with the data presented in
the activities table below and using PERT method.

Activity Dependencies Duration (days)

T optimistic T most likely T pessimistic
Start - 0 0 0
A Start 1 3 4
B A 2 4 6
C B 2 3 5
D Start 3 4 5
E D 3 5 7
F E 3 7 9
G Start 2 3 6
H G 4 6 8
I H 3 4 6
End C, F, I 0 0 0

Do the following:

a) Compute the expected time for each activity and the expected duration for each path.
b) Identify the critical path.
c) Compute the variance of each activity and the variance of each path.
d) Assuming independence, what is the probability that the project will be completed within 17
days of its start?