Question: You have collected the data for a Time Cost CPM Scheduling

You have collected the data for a Time-Cost CPM Scheduling model analysis. The time is in days and the project “direct costs” are given below.

The network for this project is given below.

The indirect costs for the project are determined on a daily duration basis and are given below:
Total indirect costs for 16 days of project duration: $ 600
Total indirect costs for 15 days of project duration: $ 400
Total indirect costs for 14 days of project duration: $ 200
Total indirect costs for 13 days of project duration: $ 100
At what project duration do we achieve the lowest total project cost (i.e., direct plus indirect costs)?
(a) 16 days
(b) 15 days
(c) 14 days
(d) 13 days
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  • CreatedAugust 26, 2013
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