Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Normal Crashed...

Transcribed Image Text:

Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Normal Crashed Activity Time Cost Time Cost Predecessor ABCDE F G 4 days $1,000 3 days $2,000 3 days 5,000 3 days 5,000 3 days 750 2 days 1,200 B 7 days 3,500 5 days 5,000 A 2 days 500 1 day 2,000 A, C 5 days 2,000 4 days 3,000 B 9 days 4,500 7 days 6,300 D, E, F a. What is the project completion date? (6 marks) b. What is the cost of completing the project in normal time? (2 marks) c. If you wish to reduce the project completion date by one (1) day, i. Which activity should be crashed and (3 marks) ii. how much will this increase the project? (3 marks) d. If you wish to reduce the project completion by three (3) days, i. Which activity (activities) should be crashed and (4 marks) ii. how much will this increase the project? (4 marks) (2 marks) e. Which activity will not be able to be crashed? Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Normal Crashed Activity Time Cost Time Cost Predecessor ABCDE F G 4 days $1,000 3 days $2,000 3 days 5,000 3 days 5,000 3 days 750 2 days 1,200 B 7 days 3,500 5 days 5,000 A 2 days 500 1 day 2,000 A, C 5 days 2,000 4 days 3,000 B 9 days 4,500 7 days 6,300 D, E, F a. What is the project completion date? (6 marks) b. What is the cost of completing the project in normal time? (2 marks) c. If you wish to reduce the project completion date by one (1) day, i. Which activity should be crashed and (3 marks) ii. how much will this increase the project? (3 marks) d. If you wish to reduce the project completion by three (3) days, i. Which activity (activities) should be crashed and (4 marks) ii. how much will this increase the project? (4 marks) (2 marks) e. Which activity will not be able to be crashed?