Question: chapter 5 question 1 A project to build a new bridge seems to be going very well since the project is well ahead of schedule

chapter 5

question 1

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be running very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 65% complete. The planners were expecting to be only 54% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,440,000 and it was done for only $1,320,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,520,000 but was actually done for $9,020,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,520,000. To date, they have spent $5,020,000 on the superstructure.

question 2

The following activities are part of a project to be scheduled using CPM. What is the Critical Path? How many weeks will it take to complete the project?

chapter 5question 1A project to build a new bridge seems to begoing very well since the project is well ahead of schedule and

\f\f

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!