Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PMAN635 Session 9 IA-9 Problem 1: Given the information provided below (predecessors, normal time, normal cost, crash time (the minimum duration) and crash cost (the

PMAN635 Session 9 IA-9

Problem 1:Given the information provided below (predecessors, normal time, normal cost, crash time (the minimum duration) and crash cost (the cost if crashed to the minimum duration) for a nine-activity (a to i) project) answer the questions (a) through (e) using this template.

Activity Predecessor Normal Time Normal Cost Crash Time Crash Cost
a - 4 $ 50 2 $ 150
b a 4 $ 40 2 $ 200
c b 7 $ 70 4 $ 160
d c, f 2 $ 20 1 $ 50
e c 3 $ 30 2 $ 100
f b 8 $ 80 5 $ 290
g d, e 5 $ 50 3 $ 100
h f 6 $ 60 2 $ 180
i g, h 3 $ 50 3 $ 50

(a).Create the network diagram in the application of your choice and then insert a screenshot of the diagram here. The diagram can be created easily in MS Word using the Insert Shapes function.

Identify the critical path of the network, the time, and cost of the normal level of activity for the project:

  • The critical path (or paths) is: __________________
  • The project duration: ___________
  • The project cost is: _____________

(b).Calculate the crash cost-per-day (all activities may be partially crashed). Enter your response to question 1(b) in the table provided below

Activity Normal Time Normal Cost Crash Time Crash Cost Crash Cost/Day[1]
a
b
c
d
e
f
g
h
i

(c). Find the optimal way to crash the project by one day.

  • What is the projected project cost?
  • What is the projected project duration?
  • What is the critical path (or paths)?
  • What task or tasks were crashed?

Explain the results of your calculations.

(d). Find the optimal way to crash the project by two days.

  • What is the projected project cost?
  • What is the projected project duration?
  • What is the critical path (or paths)?
  • What task or tasks were crashed?

Explain the results of your calculations.

(e). Calculate the shortest completion time for the project.

  • What is the projected project cost?
  • What is the projected project duration?
  • What is the critical path (or paths)?
  • What task or tasks were crashed?

Explain the results of your calculations.

[1] Assume that each task's crash costs are linear, ie that each day a task is crashed has an equal cost.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Strategic management concepts

Authors: Fred david

13th Edition

9780136120988, 136120997, 136120989, 978-0136120995

More Books

Students also viewed these General Management questions

Question

How are BEP and margin of safety integrally related?

Answered: 1 week ago

Question

LO13.1 List the characteristics of monopolistic competition.

Answered: 1 week ago