XYZ Builders have been awarded a contract to build an office block. The project has been...

  

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XYZ Builders have been awarded a contract to build an office block. The project has been broken down into a number of activities. Activity Predecessor A B C D E F G H A A CD D D. E G.H Duration (months) 8 2 3 7 5 9 2 4 3 Total cost £'000) 100 75 135 70 160 255 30 90 55 The overheads on this project are £5,000 per month. Required: a. Draw the activity network diagram for this project b. Determine the activity schedule (ES, EF, LS, LF) as well as slack (in table) c. Determine the minimum project duration and its associated cost d. The company is subsequently offered a bonus of £25,000 if they can complete the project in 20 months (or less). Their site manager is aware that certain activities can be speeded up, if necessary. These activities, with their associated durations and total costs, are shown in the following table. Activity A B D E F H Duration (months) 6 1 5 3 7 2 Total cost £'000) 125 90 85 200 275 95 Activities C, G, and I cannot be speeded up. Find the minimum cost project cost schedule and hence determine whether or not the company should accept the bonus (25 marks) offer. XYZ Builders have been awarded a contract to build an office block. The project has been broken down into a number of activities. Activity Predecessor A B C D E F G H A A CD D D. E G.H Duration (months) 8 2 3 7 5 9 2 4 3 Total cost £'000) 100 75 135 70 160 255 30 90 55 The overheads on this project are £5,000 per month. Required: a. Draw the activity network diagram for this project b. Determine the activity schedule (ES, EF, LS, LF) as well as slack (in table) c. Determine the minimum project duration and its associated cost d. The company is subsequently offered a bonus of £25,000 if they can complete the project in 20 months (or less). Their site manager is aware that certain activities can be speeded up, if necessary. These activities, with their associated durations and total costs, are shown in the following table. Activity A B D E F H Duration (months) 6 1 5 3 7 2 Total cost £'000) 125 90 85 200 275 95 Activities C, G, and I cannot be speeded up. Find the minimum cost project cost schedule and hence determine whether or not the company should accept the bonus (25 marks) offer.

Answer rating: 100% (QA)

From the information provided it appears that this is a project management task with the requirement to find the minimum cost and duration of a construction project given the overheads and the possibi... View the full answer