Question: 1) Crash the project using the example below. The costs shown are all Direct Costs. Please show all work. 1) Using the AON network diagram,
1) Crash the project using the example below. The costs shown are all Direct Costs. Please show all work.
1) Using the AON network diagram, please calculate the duration of each path. Determine and identify the critical path. What is the project duration before crashing? What is the total project cost? Show a step-by-step approach to project crashing that illustrates how the activity time, total project time and total project costs change for each step. Continue until the maximum crash times have been achieved. How has the project cost changed? Finally, your customer is giving you a $500 incentive (this lowers your costs by $500/day) for each day by which you can improve your original duration; so what is the optimum crash duration for you and your client? (Please show all your work)
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