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Project Management Use the following information to answer questions 17 to 23. Information for the Time-Cost Model (Project Crashing) Imme- Normal Crash diate Time Time
Project Management Use the following information to answer questions 17 to 23. Information for the Time-Cost Model (Project Crashing) Imme- Normal Crash diate Time Time Task Prede- (NT- (CT- cessors wks) wks) Normal Crash Cost Cost (NC) (CC) Cost per #wks may week (CC- be NC)/(NT- shortened CT) (=NT-CT) A NONE 2 1 $5,000 $11,000 B A 5 3 $10,000 $20,000 C A 4 3 $6,000 $9,000 D Band C 3 2 $4,000 $8,000 Hints: the following two formats might be helpful. Calculation of Cost per Day to Expedite Each Activity ACTIVITY CC NC NT CT NC N T-CT COST PER DAY TO EXPEDITE NUMBER OF DAYS ACTIVITY MAY BE SHORTENED Reducing the Project Completion Time One Day at a Time CURRENT CRITICAL PATH REMAINING NUMBER OF DAYS ACTIVITY MAY BE SHORTENED COST PER DAY TO EXPEDITE EACH ACTIVITY LEAST-COST ACTIVITY TO EXPEDITE TOTAL COST OF ALL ACTIVITIES IN NETWORK PROJECT COMPLETION TIME Question 22 1 pts 22. What is the minimum completion time for the project after crashing (until no more crashing is possible)? O a.4 O b.5 ooo O c. 6 O d.7
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