Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Q1. Project Crashing The following table gives data on normal time and cost and crash time and cost of project. Indirect cost is CAD
Q1. Project Crashing The following table gives data on normal time and cost and crash time and cost of project. Indirect cost is CAD 60 day A) Draw the network diagram B) Find Critical path Marks 3 Marks 2 C) Crash the relevant activities symmetrically and determine the optimum project time and cost Marks 10 Acitvity Name Normal Time Normal Cost Crash Time Crash Cost 1-2 A 9 640 6 700 1-3 B 8 500 5 575 1-4 C 15 400 10 550 2-4 D 5 100 3 120 3-4 E 10 200 6 260 4-5 F 2 100 1 140 Q2. Earned Value You're a subcontractor responsible for managing the installation of 10,000 feet of fence around an elementary school. You estimate the cost of fence installation to be $10 per foot. You estimate that your crew can install 500 feet of fence per week. After 12 weeks, you have 50% of the job complete and you have spent $45,000. Determine the value for each of the terms below: Marks 10 Term 1 Budget at Completion (BAC) 2 Planned Value (PV) 3 Earned value (EV) 4 Actual Cost (AC) 5 6 Schedule Variance (SV) 7 8 9 Cost Variance (CV) Cost Performance Index (CPI) Schedule Performance Index (SPI) Estimate at Completion 10 Estimate to Complete Value
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started