1: Given the information provided below (predecessors, normal time, normal cost, crash time (the minimum duration) and
Question:
1: Given the information provided below (predecessors, normal time, normal cost, crash time (the minimum duration) and crash cost (the cost if crashed to the minimum duration) for a nine-activity (A to I) project) answer the questions (a) through (e) using this template.
a) Identify the critical path of the network, the time, and cost of the normal level of activity for the project:
- The critical path (or paths) is: __________________
- The project duration: __________________
- The project cost is: __________________
(b). Calculate the crash cost-per-day (all activities may be partially crashed). Enter your response to question 1(b) in the table provided below
(c). Find the optimal way to crash the project by one day.
- What is the projected project cost?
- What is the projected project duration?
- What is the critical path (or paths)?
- What task or tasks were crashed?
Explain the results of your calculations.
(d). Find the optimal way to crash the project by two days.
- What is the projected project cost?
- What is the projected project duration?
- What is the critical path (or paths)?
- What task or tasks were crashed?
Explain the results of your calculations.
(e). Calculate the shortest completion time for the project.
- What is the projected project cost?
- What is the projected project duration?
- What is the critical path (or paths)?
- What task or tasks were crashed?
Explain the results of your calculations.
Project Management in Practice
ISBN: 978-1119385622
6th edition
Authors: Jack R. Meredith, Scott M. Shafer, Samuel J. Mantel, Jr., Margaret M. Sutton