Question
Mrs. Roberts has a budgetary constraint for her car refurbishment project. The vintage car she proposes to buy will cost $1,500. Her total budget for
Mrs. Roberts has a budgetary constraint for her car refurbishment project. The vintage car she proposes to buy will cost $1,500. Her total budget for buying the car and refurbishing it is $8,500. In addition, she cannot spend more than $1,700 in any week because her cash flows will not support costs exceeding this amount. Required of you Assume Mrs. Roberts hires additional part-time workers to help Soumya, Daniel, Rajesh and Prithvi complete the project in 41 days as she cannot afford to miss the exhibition that is 45 days away. Working with the critical path (not critical chain) for this project, prepare the time-phased (cost-flow) project budget for each week over the duration of the project. Consider a work-week of seven days, Monday to Sunday, with no holidays until the project has been completed. Also, assume that each activity's cost is evenly spread over its duration.
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