Answer/solve the following:

1. Your critical path is 128 days long. The next longest path is 122 days long. (7.5 Points)
2. If you extend the longest path by 5 days, the entire project duration will increase by 5 days. True or False?
3. If you reduce the longest path by 5 days, the entire project duration will decrease by 5 days. True or False?

1. If you reduce the longest path by 10 days, the entire project duration will decrease by 10 days. True or False?

1. In general, what is the effect of accelerating an activity on the Direct Cost of a project? Why? (2.5 Points)

1. What is the effect of accelerating an activity on the Indirect Cost of a project? Why? (2.5 Points)

1. Calculate the least cost and crash duration for the following project. Calculate the cost associated with each duration. Indirect costs are $100 per day. Draw the network diagram and perform forward and backward calculation. 17.5 Points

ACTIVITY DURATION COSTS NORMAL CRASH NORMAL CRASH \" 700 H I I \" \" \" Note: Use the attached table for the calculation. CRASH TABLE Duration (days) Activity Normal Crash Days Shortened ... . . Days Cut Project Duration (Days) Increased Cost per day Direct Cost ($) Indirect Cost ($) Total Cost