Question: 3. Below are the data for a Time-Cost CPM Scheduling analysis. The time is in days and the costs include both direct and indirect costs.

3. Below are the data for a Time-Cost CPM

3. Below are the data for a Time-Cost CPM Scheduling analysis. The time is in days and the costs include both direct and indirect costs. Activity Immediate Predecessor NONE Normal Time Crash Time A Crash Cost $400 $600 B N-WN Normal Cost $200 $300 $300 $500 $500 1 $300 B,C D 3 1 2 $550 $900 2 1 a) Identify the critical path and the project duration. Critical path Project Duration b) If you crash this project to reduce the total time by four days, how much additional money would it cost? (Attempt to spend the lowest amount of money possible to reduce the project duration)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!