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 | $30 |
| 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 |
- (4 Points) Identify the critical path by forward and backward paths. For the tasks that are not on the critical path, identify their slacks.
- (4 Points) At the end of 8th day, assume the following progress of the project:
- Tasks A, B, D are 100% completed, and the actual costs spent for them are
$200, $500 and $450, respectively.
- Task C is 80% completed, and already cost $100
- Task E is 66.67% completed, and already cost $100
- Task F is not started yet, and didnt cost anything either.
Evaluate the progress of the project by filling the following blanks (both in the table and in the sentence below the table):
| Task | Budget | Scheduled Progress | Performed Progress | ACWP | BCWS | BCWP |
| A | $200 | 100% | 100% | $200 |
|
|
| B | $500 | 100% | 100% | $500 |
|
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| C | $200 |
| 80% | $100 |
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| D | $400 |
| 100% | $450 |
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| E | $300 |
| 66.67% | $100 |
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| F | $400 |
| 0% |
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| Total |
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|
|
|
|
|
The whole project is (ahead of / behind) schedule, and (above / under) budget.
- (4 Points) Find the cost-effective way to reduce the completion time to 9 days using the format below:
Note: When you need to accelerate multiple tasks at the same time, please identify them in a single step, such as: Step **: Accelerate task(s) _** and ** by ** days.
Step 1: Accelerate task(s) by days
Step 2: Accelerate task(s) by days
Step 3: Accelerate task(s) by days
Step 4: Accelerate task(s) by days
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