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When deciding on whether or not to crash project activities, as a project manager, you were faced with the following information listed in the chart.
When deciding on whether or not to crash project activities, as a project manager, you were faced with the following information listed in the chart. The "Normal Time" and "Crash Time" are weeks. "Normal Cost" is the total cost for each activity in normal situation. "Crash Cost" is the total cost for each activity when crashing the activity. Respond to the questions below in a Word document and attach to this question. Create an AOA (Activity on Arrow) network for this project. Identify the dummy activities used in the network. Create an AON (Activity on Node) network for this project. Identify the critical path of the project. Identify the sequencing of the activities to be crashed in the first four steps. Which of the critical activities should be crashed first? Why? After the first four steps of crashing, what has the critical path shrunk to? Suppose project overhead costs accrued at a fixed rate of$750 per week. Chart the decline in direct costs over the project life relative to the increase in overhead expenses. Assume that a project penalty clause kicks in after 39 weeks. The penalty charged is $3000 per week. When the penalty charges were added, what does the total project cost curve look like? Develop a table listing the costs accruing on a per-week basis. Based on all the information above, what decision would you make? How you would conduct the project in the most economic way
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