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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