Question: A company is developing its plans for a project and has identified the following information about the activities necessary for completing the project. The

A company is developing its plans for a project and has identified the following information about the activities necessary for completing the project. The Standard time is the estimated time for each activity without special precautions, and the Crash time, where stated, is the minimum time if the company spent more money to achieve faster times. Activities with no crash time cannot be shortened. Activity: Preceding Activity Standard time (wks) Crash time (wks) ABCDEFGHI 13 11 19 AABCGDO 7 14 6 5 14 6 D, E 6 G. H 3 2 1. Draw a logic network for the project, include standard timing and identify the critical path and the slack times. 2. Identify the minimum time that the project can take if the activities A, G, and I could be crashed a week at a time to the minimum time and clearly show the critical path(s). It costs 10,000 per week each to crash activities A, G, or I, how much extra will it cost to deliver the project to the timing in (b)?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
