Estimate the cost of construction for this project
1. There are three (and only three) paths through a network (project), each with a probability of completion in less than 24 months as indicated:
a. S-a-b-F P1(<24) = .95
b. S- d-e-F P2(<24) = .85
c. S- g-h-F P3(<24) = .90
If the tasks are independent, what is the probability of the network being completed within 24 months? Note: S is the start node, F is the finish node
2. You have been assigned to estimate the cost of installing fiber optic cable in a country in the Middle East. Fortunately, you have done a number of similar projects in this area in the past and you have accumulated the following parametric cost estimates based on this experience:
Mobilization/demobilization Cost = $10,000
Buried cable construction:
Cost per kilometer = $10,000 Sand
Cost per kilometer = $17,500 Sand & Clay
Cost per 100 meters = $ 5,500 Rock
Overhead cable installation:
Cost per kilometer = $ 7,500
Cost per Road Crossing = $12,500
Cost per pipeline Crossing = $ 5,000
The scope of the new project is as follows:
Predominately sand 150 km
Predominately sand & clay 100 km
Rock 500 meters
overhead 2 km
road crossings 3
pipeline crossings 5
Estimate the cost of construction for this project. Assume the estimates are fully loaded, ie they include labor, materials, applicable indirect costs such as overhead, etc
1. There are three (and only three) paths thro
the cost of construction for this projeugh a network (project), each with a probability of completion in less than 24 months as indicated:
a. S-a-b-F P1(<24) = .95
b. S- d-e-F P2(<24) = .85
c. S- g-h-F P3(<24) = .90
If the tasks are independent, what is the probability of the network being completed within 24 months? Note: S is the start node, F is the finish node
2. You have been assigned to estimate the cost of installing fiber optic cable in a country in the Middle East. Fortunately, you have done a number of similar projects in this area in the past and you have accumulated the following parametric cost estimates based on this experience:
Mobilization/demobilization Cost = $10,000
Buried cable construction:
Cost per kilometer = $10,000 Sand
Cost per kilometer = $17,500 Sand & Clay
Cost per 100 meters = $ 5,500 Rock
Overhead cable installation:
Cost per kilometer = $ 7,500
Cost per Road Crossing = $12,500
Cost per pipeline Crossing = $ 5,000
The scope of the new project is as follows:
Predominately sand 150 km
Predominately sand & clay 100 km
Rock 500 meters
overhead 2 km
road crossings 3
pipeline crossings 5
Estimate the cost of construction for this project. Assume the estimates are fully loaded, ie they include labor, materials, applicable indirect costs such as overhead, etc
