Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You have signed a contract to build a garage for the Lloyds. You will receive a $ 2 0 0 bonus per day you saved
You have signed a contract to build a garage for the Lloyds.
You will receive a $ bonus per day you saved if the project takes less than days.
The contract also contains a penalty clause in which you will lose $ for each day the project takes longer than days.
What is the expected project duration?
ID Predecessor Duration
A
B A
C B
D B
E C
F C
G D
H E F G
I H
Answer:
Question
Not yet answered
Marked out of
Flag question
Question text
What is the critical path?
a
ABCEHI
b
ABDGHI
c
DEFGHI
d
ABCDEF
e
ABCFHI
Question
Not yet answered
Marked out of
Flag question
Question text
Do you expect to receive a bonus or a penalty on this project?
a
a bonus
b
a penalty
Question
Not yet answered
Marked out of
Flag question
Question text
What is the total amount of bonus or penalty you will receive or pay
Answer:
Question
Not yet answered
Marked out of
Flag question
Question text
What is the impact on the project if activity H takes six days longer than planned?
a
The project will run ahead of schedule, I will get a bonus.
b
The project will run late, I will have to pay penalty.
c
The project will not be affected.
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