Palm Beach Case

A2. Recommend which alternative to select for the sewer activity

A3. Recommend which alternative to select for the stream activity

A4. Estimate the total expected cost for the two contractors selected for the sewer and stream

activities

Part B

For this part (answering B5 and B6) use three different approaches /tools given below:

Part B-1 PERT analysis

Part B-2 Simulation analysis

Part B-3 USM analysis

B5. Give a dates by which you are 75, 90 and 99% sure that the entire project will be completed

B6. Recommend whether to spend $25,000 for additional legal assistance that would reduce the

most likely time to attain the final permits and releases (activity Z) from 15 to 12 days and its

pessimistic time from 25 to 18 days.

Part C

Assuming the project requires many resources but only A, B , C and D are critical resources, costing

40,30,20 and 10$ per day, develop an optimal budget and schedule assuming the planned duration for

each task is set to be m (mode, most likely value) for each task given in the table 2.

N.B. As per strategic objective of the company there is no resource limit imposed on the planning

department.

C7. Analyse the proposed project plan from planning perspective