Question
Given the following information for a project. Required: 1)Draw the project network. List the Paths ang their PCT 2)Determine the longest duration - least cost
Given the following information for a project. Required: 1)Draw the project network. List the Paths ang their PCT 2)Determine the longest duration - least cost plan. 3)Determine the shortest duration - highest cost plan. (Screenshot your solution) 4)If the client is willing to pay $61,000 for 35 week - project completion time, as a project manager will you expedite the project? Why? Justify your answer. 5)Compute the optimal cost for the shortest duration.
6)How much will be the savings for the shortest duration if the manager will apply the CPM.
ACTIVITY TIME (WEEK COST ($) PRED. NORMAL CRASH NORMAL CRASH A 10 5 1500 2000 B 10 6 2000 2800 C 12 7 2000 3000 D C 8 4 2000 3000 E A 10 6 3500 4400 F C 10 4 3000 4200 G B. E 10 6 4000 4800 H E 12 7 4000 4800 D 10 5 5000 6000 C H 9 5 4000 4900 K F 9 4 4000 4600 L G 10 7 4000 4900 M L 10 6 3000 3600 N K 11 5 4400 5000 O 8 2 4000 4900Step by Step Solution
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