Question: Consider the following information about a small project: Task Budget Duration (days) Immediate Predecessors Shortest Time Possible Acceleration Cost per day A $200 2 None

Consider the following information about a small project:

Task

Budget

Duration (days)

Immediate Predecessors

Shortest Time Possible

Acceleration Cost per day

A

$200

2

None

2

B

$500

5

A

3

$20

C

$200

2

B

1

$15

D

$400

4

A

4

E

$300

3

B&D

1

$20

F

$400

4

E&C

2

$40

a. Identify the critical path by forward and backward paths. For the tasks that are not on the critical path, identify their slacks.

b. At the end of 8th day, assume the following progress of the project:

i. Tasks A, B, D are 100% completed, and the actual costs spent for them are $200, $500 and $450, respectively.

ii. Task C is 80% completed, and already cost $100

iii. Task E is 66.67% completed, and already cost $100

iv. Task F is not started yet, and didnt cost anything either.

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