Question: A project manager wanted to reduce eight weeks from the projected completion time of the GTR Project in Jakarta, indonesia. 1. Fill in the blanks

A project manager wanted to reduce eight weeks from the projected completion time of the GTR Project in Jakarta, indonesia.

1. Fill in the blanks and based on information provided in the table, answer all questions:

Activity

Predecessor

Normal Time

Normal Cost ($)

Crash Time

Crash Cost ($)

Time Reduction

Crashing Cost Per Week ($)

A

-

2

12,000

5

13,000

B

-

5

50,000

7

64,000

C

-

1

4,000

5

7,000

D

B

10

16,000

12

20,000

E

A,D

3

125,000

15

200,000

F

C

6

10,000

9

16,000

G

E,F

8

500,000

9

530,000

Totals

-

-

2.Calculate the activity slacks and determine which activities are on the critical path:

Activity Earliest Start Latest Start Earliest Finish Latest Finish Slacks Critical Path

3. Why is it important for managers to know where the slack is in their projects?

4. Draw the gantt chart for the new duration.

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