> 0 B 0 2 4 4 5 4 0 0 F E B Lingga contracting is interested to bid for a Act. Predecessor Normal Normal Cost Crash Time Crash Cost condo renovation project. The condo's owner is willing to assign the project for a bidder Time (SR) (Weeks) (SR) 3 30,000 who can complete the project in 22 weeks A 25,000 28,000 with an incentive of SR. 25,000. However, a A 38,000 3 40,100 D penalty of SR. 10,000 per week would be B.C 29,000 30,500 E 2 100,000 0 charged if any delay in the project more than 5 65,000 68,500 23 weeks. G 2 44,000 46,000 H F 3 39,000 42,000 1 D,G,H 5 17,000 18,000 You are the Project Manager, who is supposed 93,000 96,200 to manage the project but before that you are 7 53,000 58,000 required to give your professional advice for L J.K 3 84,000 2 85,800 47 617,000 Dr. Lingga, either to bid for the project or not. 30 What will be your advice? Is there any chance to win the incentive? What is the total penalty if any? Justify your answers. 4 1 2 4 3 5 4 1 K NM Lecture 14