Question: A Construction Project has indirect costs totaling Rs . 4 0 , 0 0 0 per week. The major activities in the project and their

A Construction Project has indirect costs totaling Rs.40,000 per week. The major activities in the project and their expected times are shown in the TABLE below :
Activity Expected Time
( in weeks ) CRASHING COSTS ( Rs.000)
First Week Second Week Third Week
1-251822--
2-58242525
5-77303035
7-1141520--
11-1311303336
1-34122426
3-812------
8-115404040
3-9631012
9-1292710
12-13126----
1-43101525
4-612813--
6-109512--
10-1281415--
a. Determine the optimum time-cost crashing plan.
b. Tabulate the total cost values and find the least expensive crashing schedule that would reduce the project duration by six weeks
2. A project at Day 70 exhibits 42 percent progress, when 40 percent was planned for an effective date of 55. Planned cost was Rs.17,000 at Day 55 and Rs.24,000 at Day 70, and actual cost was Rs.20,000 at Day 55 and Rs.30,000 at day 70. Find the time variance,
cost variance and schedule varianc

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