Calculate the earliest and latest start times, and the earliest and latest finish times of these 8 activities of project Z

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Project Planning and Scheduling
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• Project Planning and Scheduling
•  
• Q1. Map all the knowledge areas of project
  management to the various activities of a
  construction industry project, across all the
  phases of its life cycle. (10 Marks)
• Q2. You are a project manager with the XYZ
  organization. As the PM, you need to evaluate two
  projects A and B and make a recommendation to the
  management for the selection of a suitable
  project. Both the projects A and B entail an
  initial investment of ?2,00,000. The projected
  cash inflows for the Project A are ?70,000 in
  year 1 ?80,000 in year 2 ?80,000 in year 3, and
  ?75,000 in year 4. The projected cash inflows for
  the Project B are ?70,000 in year 1 ?80,000 in
  year 2 ?70,000 in year 3, ?50,000 in year 4 and
  ?40,000 in year 5. The required rate of return is
  10.

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• The present value of ?1 at 10 is ?0.909
  for year 1, ?0.826 for year 2, ?0.751 for year 3,
  ?0.683 for year 4, and ?0.621 for year 5.
  Calculate Net Present Value (NPV), Internal Rate
  of Return (IRR) and Profitability Index (PI) for
  both the projects A and B. Compare and contrast
  the NPV, IRR and PI values of projects A and B,
  and recommend a suitable project for investment
  to the management. (10 Marks)
• Q3. A project Z comprises of 8 activities of
  varying durations and dependence on previous
  activities. These activities, along with their
  duration and their precedent relationships are
  given in the table below.

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• a) Calculate the earliest and latest start times,
  and the earliest and latest finish times of these
  8 activities of project Z. (5 Marks)
• b) Draw the network diagram of project Z and also
  determine the critical path for the completion of
  project Z. (5 Marks)

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