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1. Using the data below, make a time-phased budget for the project. Show how much the daily and cumulative costs for the project are, just
1. Using the data below, make a time-phased budget for the project. Show how much the daily and cumulative costs for the project are, just as the monthly and cumulative costs are shown below:
Activity | Immediate Predecessor | Duration in Days | Resource | Hourly Cost | Work Hours per Day |
A | Evaluate freezers | 2 | Alcides | $45 | |
B | Chart temperatures | 6 | Joan | $50 | |
C | Review service record | 2 | Alcides | ||
D | Consult with HVAC engineer | A, B, C | 3 | Alcides | |
E | Develop construction plan | D | 10 | Joan | |
F | Complete IC assignment | E | 2 | Alcides | |
G | Complete ROI analysis | E | 5 | Joan | |
H | Conduct regulatory review | E | 4 | Joan | |
I | Obtain construction approval | F, G, H | 2 | Alcides |
2. Using the data below, make a time-phased budget for the project. Show how much the daily and cumulative costs for the project are, just as the monthly and cumulative costs are shown below:
In addition to the questions above, answer the following questions based on the date provided in the exercises and your analysis.
- Determine the unconstrained critical path and its length.
- Note: Use days for question 2 and weeks for question 3. Use project days only, no weekends.
- Determine the total hours and the hours per person required to complete the work.
- Determine the total labor cost and the labor cost per person.
- Prepare a figure similar to Exhibit 10.9 in the text, illustrating a cumulative cost curve.
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