The following table gives information on a project (T in days, C in $1,000s): a. Draw the
Question:
The following table gives information on a project (T in days, C in $1,000s):
a. Draw the network diagram. Under normal conditions, what is the earliest the project can be completed? What is the direct cost? What is the critical path?
b. What is the cost of the project if it is completed 1 day earlier? Two days earlier?
c. What is the earliest the project can be completed? What is the lowest cost for completing it in this time?
d. If overhead (indirect) costs are $20,000 per day, for what project duration are total project costs (direct + indirect) lowest?
Step by Step Answer:
Related Book For
Project Management For Engineering Business And Technology
ISBN: 9780367277345,9781000092561
6th Edition
Authors: John M. Nicholas , Herman Steyn
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