Question
Jed Dye Space Travel is completing a tender to build a space rocket launcher. The project manager has collected the information below concerning the sequence,
Jed Dye Space Travel is completing a tender to build a space rocket launcher. The project manager has collected the information below concerning the sequence, costing, and timing of tasks for the project.. Activity Normal Time (weeks) Normal Cost ($000) Crash Time (weeks) Crash Cost ($000) 0-A 6 60 6 60 0-B 8 100 6 110 0-C 6 40 6 40 A-D 4 20 5 20 B-D 10 80 4 110 C-E 8 70 6 90 D-F 16 140 12 200 E-F 14 180 14 180 E-G 12 120 8 160 F-G 14 80 11 100 Required: Identify the pathways and the critical path (4 marks) Calculate the absolute minimum time and cost in which the project could be completed.(8 marks) What is the difference between CPM and PERT? (3 mark
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started