Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 2 - Project Scheduling You decide to give the go-ahead for the project. The high-level project tasks, task budgets, task durations, and task predecessors

image text in transcribed
Question 2 - Project Scheduling You decide to give the go-ahead for the project. The high-level project tasks, task budgets, task durations, and task predecessors are detailed in the table below: Task Description Duration (months) Budget Predecessors A Buy and adapt software $20k Develop web interface $10k Develop hardware specs ANDa $2k -- Integrate interface & software $10k A, B Software testing & fixing 10 $20k D Documentation $5k D Procure & install hardware $38k C Train staff $10k F,G Rollout software $5k E, H Part A (10 Points): Draw a network representation of the project (nodes = activities, arrows = precedence constraints). Part B (25 Points): Find Early Start, Early Finish, Late Start, and Late Finish times for each task. Calculate the slack for each activity. What is the Critical Path, and the duration of the project? SHOW YOUR WORK. The Board of Directors for the hospital is excited about the project. They notice that the project duration is quite lengthy and ask you to determine what it would take to reduce the project duration by 4 months. You gather some data, and come up with the following 'crashing' estimates: Task Max. # of Months that can be Crashed Cost of Crashing 1 Month A $3000 B C $500 $4000 I-NNNI- IN $1000 $2000 $2500 Part C (25 Points): What is the cheapest way to 'crash' the project by 4 months? Identify which tasks to crash and the total cost of crashing! BE SURE to show the ideal sequence of tasks to be 'crashed', i.e., which task(s) would be crashed in the first 'round' of reduction, second 'round', etc... SHOW YOUR WORK

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

Time Management From The Inside Out

Authors: Julie Morgenstern

1st Edition

0805075909, 978-0805075908

More Books

Students also viewed these General Management questions