Question: Consider the following data for a project. Draw the project network. Compute the total direct cost for each project duration. If the indirect costs for

Consider the following data for a project. Draw
Consider the following data for a project. Draw the project network. Compute the total direct cost for each project duration. If the indirect costs for each duration are $1,200 for 16 days, $1,130 for 15 days, $1,000 for 14 days, $900 for 13 days, $860 for 12 days, $820 for 11 days and $790 for 10 days, compute the total project cost for each duration. Plot the total direct, indirect, and project costs for each of these durations on a cost-time graph. What is the optimum cost-time schedule for the project? Maximum crash time 1 2 Normal time 4 7 Activity Predecessor B C A B E B D H F,G,H 4 Crash cost (slope) 10 70 0 20 50 200 30 40 0 FIQ TA man wo D lo - WWN ON Normal cost 30 60 80 40 110 90 60 70 140 N N Nunun

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!