1 Develop a budget for the project described in Table 11 assuming that the cost of each activity is linearly distributed over its duration.

a. Assume an early-start schedule.

b. Assume a late-start schedule.

c. Assume that a “leveled budget” is desired (i.e., the same daily cost is desired for each day of the project).

TABLE 11 Duration Immediate Activity (days) predecessors Cost A 3 – $3,000 B 4 – $2,000 C 3 – $6,000 D 2 C $2,000 E 1 B $1,000 F 5 A $10,000 G 2 B $4,000 H 3 B $9,000 I 11 C $11,000 J 3 D, E $3,000 K 1 F,G $1,000 L 4 K $2,000 M 4 J,H $8,000