Question: A consulting firm implement a product development project, the data of the project are as follows. Assume labor rate $ 400 per month Activity Duration

A consulting firm implement a product development project, the data of the project are as follows. Assume labor rate $ 400 per month Activity Duration (Months) Fixed Cost (Thousands $) Labor Requirement (worker months).

Consider the above data and demonstrate how we can save money in the development of the project budget.

A consulting firm implement a product development

Activity A B C D E F G Duration (Months) 4. 3 2 4 5 Labor Requirement (worker months) 4 4 5 1-2 1-3 2-3 2-4 3-4 3-5 4-5 Fixed Cost (Thousands $) 8 9 10 12 15 12 10 6 7 6 5 6 1

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