Question: All Times are in Days Activity Description Immediate Predecessor Optimistic Time Most Likely Time Pessimistic Time Activity Cost Crash Cost / Day ($) A Market

All Times are in Days
Activity Description Immediate Predecessor Optimistic Time Most Likely Time Pessimistic Time Activity Cost Crash Cost / Day ($)
A Market Research - 30 40 50 $ 2,500 250
B Build Prototype A 10 15 20 $ 100 10
C Financial Analysis A 5 10 15 $ 1,000 100
D Logistical Analysis - 5 10 15 $ 1,200 120
E Obtain Certificates A B 3 6 9 $ 500 50
F Release to test markets B C D E 1 2 3 $ 1,700 170

Problem # 3Project Management

It was recently determined that the CLA Building at Cal Poly Pomona is in need of renovations in order to repair several architectural mistakes. The renovations will be high in both cost and time. Therefore, in order to make the process as smooth as possible, use the Critical Path Method with the given information in order to determine the project time and cost. In addition, crash an activity once and compare the results.

n order to determine the project time and cost. In addition, crash an activity once and compare the results.

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