For the following simple seven-activity project, develop a precedence network, calculate all relevant characteristics of each activity
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For the following simple seven-activity project, develop a precedence network, calculate all relevant characteristics of each activity (ES, EF, LS, LF, TF), and the project duration. Then go through a repetitive process to expedite the project on a least-cost basis until the project is crashed. The solution should include the precedence diagram and calculations for each activity, and then the cyclical calculation to shorten the project activity by activity in a least-cost manner. What isthe total cost of the crashed project? Why is this less than the sum of the crashed costs for the seven activities?
Activity | Relationships | Normal Duration | Crash Duration | Normal Cost | Crash Cost |
---|---|---|---|---|---|
A | 3 | 2 | $$ 3,000$ | $$ 3,150$ | |
B | A: FS | 4 | 3 | $$ 4,000$ | $$ 4,250$ |
C | B: FS | 3 | 1 | $$ 6,500$ | $$ 7,000$ |
D | A: FS | 4 | 2 | $$ 6,000$ | $$ 6,500$ |
E | D: FS | 4 | 2 | $$ 3,500$ | $$ 3,900$ |
F | A: FS | 5 | 2 | $$ 2,200$ | $$ 2,725$ |
G | C, E, F: FS | 6 | 4 | $$ 3,900$ | $$ 5,000$ |
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Related Book For
Construction Project Management
ISBN: 9781118745052
6th Edition
Authors: S. Keoki Sears, Glenn A. Sears, Richard H. Clough, Jerald L. Rounds, Robert O. Segner
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