Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SCENARIO You are assisting the project manager in crashing the schedule due to some recent contractor delays. You transferred the normal activity duration from the
SCENARIO You are assisting the project manager in crashing the schedule due to some recent contractor delays. You transferred the normal activity duration from the network diagram to a table along with the normal cost estimates. Together you determined how much each activity can be crashed and the associated crash cost estimates. You are almost finished, but you are having trouble evaluating the real impact crash costs will have on this project. To calculate the project duration under normal conditions, use the following graphic. (6) (6) (13) (5) (10) (20) Normal Crash Time Time Normal Crash Cost Cost Crash Time (wk) [wk] Saved Cost ($) ($) Increase ($) Cost/Wk [$) 13 10 3 25,000 43,000 18,000 5,000 4 2,000 4,000 2,000 1,000 3,000 5,000 2,000 2,000 3,000 4,000 1,000 250 MO 10 3,000 9,000 5,000 2,000 20 13 50,000 64,000 14,000 2,000 G 3 6,000 8,000 2,000 1,000 Total
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