Given the following project (all times are in days): LO6 Act- Prede- Normal Normal Crash Crash ivity
Question:
Given the following project (all times are in days): LO6 Act- Prede- Normal Normal Crash Crash ivity cessor Time Cost Time Cost a — 5 $50 3 $150 b — 4 40 2 200 c b 7 70 6 160 d
a, c 2 20 1 50 e
a, c 3 30 — —
f b 8 80 5 290 g d 5 50 4 180 h
e, f 6 60 3 180
(a) Draw the network (AOA or AON) and find the critical path, time, and cost for an all-normal level of project activity.
(b) Calculate the crash cost-per-day (all activities may be partially crashed).
(c) Find the optimal way of getting an 18-day delivery time. What is the project cost?
(d) Find the optimal way of getting a 16-day delivery time. What is the project cost?
(e) Calculate the shortest delivery time for the project. What is the cost?
(f ) Repeat questions (c), (d), and
(e) using Excel.
Step by Step Answer:
Project Management In Practice
ISBN: 9780470121641
3rd Edition
Authors: Samuel J. Mantel Jr., Jack R. Meredith, Scott M. Shafer, Margaret M. Sutton