Please help with the following exercise:

The client of a project has requested the project team to crash 8 hours of time. The table below provides the necessary information about the possible project crashing.

(a) What is the crash cost for 8 hours of time-savings?

(b) Assume the team calls the client and asks for a project extension, reducing the amount of time they need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of time?

Activity

Normal

Duration (hours)

Normal

Cost ($)

Crash

Duration (hours)

Crash

Cost (S)

Immediate

Predecessors

A

2

10

2

0

None

B

3

15

2

23

A

C

5

25

4

30

B

D

3

20

1

24

C

E

6

30

4

45

C

F

1

5

1

0

C,E

G

7

35

6

50

F

H

10

50

7

62

D,G