1. Respond to the following: The advantage of Gantt charts lies in their linkage to the project schedule baseline. Explain this concept.
2. "The shortest total length of a project is determined by the longest path through the network." Explain the theory behind this statement. Why does the longest path determine the shortest project length?
3. Key in a search with the prompt "projects in ________" in which you select a country of your interest. Many of the projects generated by such a search are government sponsored projects. In one paragraph, discuss the role of proper scheduling and planning for one such project you found in your search. Share your findings and the reasons you believe planning was critical to this project.
After asking your operations manager to conduct an analysis, you have determined the "pre-crash" and the "post-crash" activity durations and costs, shown in the table below. Assume all activities are on the critical path.
A. Calculate the per day costs for crashing each activity. Show your calculations.
B. Which are the most attractive candidates for crashing? Explain your answer.
NORMAL CRASHED Activity Duration Cost Duration Cost
A 4 days $1,000 3 days $2,000 B 5 days $2,500 3 days $5,000 C 3 days $750 2 days $1,200 D 7 days $3,500 5 days $5,000 E 2 days $500 1 day $2,000 F 5 days $2,000 4 days $3,000 G 9 days $4,500 7 days $6,300