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PMT 111 HOMEWORK - Exercise 2 (pg 339) INSTRUCTIONS: Use the following information to compress one time unit per move using the least- cost method.

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PMT 111 HOMEWORK - Exercise 2 (pg 339) INSTRUCTIONS: Use the following information to compress one time unit per move using the least- cost method. Reduce the schedule until you reach the crash point of the network. For each move Legend identify what activity or activities were crashed and the adjusted total cost. (NOTE: It is usually smarter to crash earlier rather than late and to crash one activity instead of multiple activities.) ACT Slope Total DUR Value | Direct Cost Cost C 1,000 A $150 6 First Crash B 100 B F Second Crash C 200 2X 3 : 1x Third Crash D 200 Fourth Crash E 200 D E Fifth Crash F 150 4 : 3 Sixth Crash Seventh Crash CRITICAL PATH TRACKER 1) Normal Time is Duration Path 2) Normal Cost is part of Direct Cost A-B-C-F 3) Total Project Cost = Total Direct Cost + Total Indirect Cost A-B-D-E-F 4) Slope value increases Direct Costs 5) Crash Value decreases Indirect Costs 6) If multiple critical paths exist, then whenever possible, crash a merge activity that belongs to multiple critical paths

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