Question
Table 2. Previous Project Activity Description Activity Time Estimates (Weeks) Immediate Predecessors Optimistic Most Likely Pessimistic Requirements A 2 3 4 Market Assessment B 4
Table 2. Previous Project
Activity Description | Activity | Time Estimates (Weeks) | Immediate Predecessors | ||
Optimistic | Most Likely | Pessimistic | |||
Requirements | A | 2 | 3 | 4 | |
Market Assessment | B | 4 | 7 | 10 | A |
Design | C | 5 | 6 | 9 | A |
Development | D | 6 | 7 | 16 | C |
Testing | E | 7 | 9 | 10 | D |
Revising | F | 4 | 5 | 6 | B, E |
Documentation | G | 3 | 6 | 10 | D |
Quality Assurance | H | 2 | 4 | 7 | C, E |
Pricing | I | 2 | 2 | 2 | B |
Installation | J | 3 | 4 | 14 | F, G, H, I |
Project Handoff | K | 2 | 3 | 4 | J |
Table 3. Crashing Data
Activity Designation | Crash Time (Weeks) | Normal Cost ($) | Crash Cost ($) | |
A | 3 | 10,000 | 10,000 | |
B | 6 | 20,000 | 25,000 | |
C | 5 | 15,000 | 30,000 | |
D | 6 | 45,000 | 65,000 | |
E | 8 | 10,000 | 20,000 | |
F | 4 | 15,000 | 18,000 | |
G | 4 | 20,000 | 30,000 | |
H | 3 | 10,000 | 15,000 | |
I | 2 | 5,000 | 5,000 | |
J | 5 | 40,000 | 50,000 | |
K | 2 | 15,000 | 25,000 |
Questions
1. Crash the project by three weeks. (Excel may prove useful for this question)
2. What is the duration of the project prior to crashing?
3. Which activities did you crash?
4. What is the additional cost to crash the project by three weeks?
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