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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

  1. 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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