Question: Activity Immediate Predecessor Normal Time (days) Normal Cost ($) Crash Time (days) Cost Slope A - 3 50 2 50 B - 6 140 4

Activity

Immediate Predecessor

Normal Time (days)

Normal Cost ($)

Crash Time (days)

Cost Slope

A

-

3

50

2

50

B

-

6

140

4

60

C

-

2

50

1

30

D

A

5

100

3

40

E

C

2

55

2

-

F

A

7

115

5

30

G

B, D

4

100

2

70

Assume the indirect costs to be as follows:

Project Duration (days)

12

11

10

9

8

7

Indirect Costs (dollars)

900

820

740

700

660

620

(a) Determine the initial project duration, project cost and critical path?

(b) Find the optimum cost time schedule for the above project.

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