Continental Capital, Inc. (CC), is a small investment banking firm that specializes in securing funds for small- to medium-sized firms. Liz. White has been assigned to this client as project manager partner and has compiled the network information and activity times for the latest client as follows, where all durations are given in days: White and other broker partners have a policy of passing their plan through a project review committee of colleagues. This committee traditionally checks that all details are covered, times are realistic, and resources are available. a) CC partners have agreed that it is good business to set up projects with expected completion time of 60 days, and White wants to be prepared with a crashing strategy to achieve this goal. - Which activities in what order should be crashed (step-by-step) to compress the project duration to 60 days. - Which paths would be critical if all crashing steps above are implemented? b) Suppose the overhead costs for this project are $1,250 per workday. - Which activities in what order should be crashed (step-by-step) to compress the project to minimize the total project cost? Hint: make sure to include normal cost, crashing costs, and overhead costs. - Comment on the crashing trade-offs faced by White and the committee. c) Suppose the 60-day crashed schedule from part c) is decided upon. After 20 days into the project, suppose the following are observed: Task A is finished, but lasted 5 days. Tasks B, C finished at their expected duration. Task D is expected to finish in the next 6 days. Tasks E and G just finished. - What is the critical path from this point on? What is the expected project duration