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A project has the following information relating to the duration and cost for the tasks involved. All the tasks require specialist scientific skills in order
- A project has the following information relating to the duration and cost for the tasks involved. All the tasks require specialist scientific skills in order to complete them. The maximum number of people that can work on the project at any one time is 6, due to the nature of the working space.
Task | Duration (days) | predecessor | Specialists needed per day | Cost per person per day to carry out task |
A | 4 | 2 | 250 | |
B | 2 | 2 | 300 | |
C | 2 | A | 4 | 250 |
D | 4 | A | 6 | 225 |
E | 1 | B,D | 1 | 450 |
F | 2 | D | 2 | 275 |
Draw a network diagram indicating free float and total float
Work out the minimum time needed to complete the project. Show histograms to illustrate how you arrived at the figure
Calculate the minimum people cost of doing so
Using the additional information regarding materials and hire of specialist equipment for the project, draw up a cash flow forecast. Calculate the total cash needed and indicate the cumulative cash flow situation graphically
Task | Materials cost per day | Equipment hire cost per day |
A | 200 | |
B | 450 | 150 |
C | 200 | |
D | 500 | 750 |
E | 300 | |
F | 150 | 75 |
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