Question: A Project plan has been developed by the project team. The scheduled data are given in the following table Activity predecessor Normal time Crash Time

A Project plan has been developed by the project team. The scheduled data are given in the following table

Activity

predecessor

Normal time

Crash Time

Normal cost

Crash COST

COST SLOPE

A

-

12

7

3000

5000

400

B

A

8

5

2000

3500

500

C

A

4

3

4000

7000

3000

D

B,C

12

9

50000

71000

7000

E

B,C

4

1

500

1100

200

F

E

4

1

500

1100

200

G

D,F

4

3

15000

22000

7000

Requirements:

  • Find the minimum project completion time and corresponding cost.
  • If the customer wants to complete the project in 30 Wks. Find the cost of the project.
  • What is the minimum project completion cost and corresponding time. If indirect cost is Rs 1000 per week.

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!