Question: Could you help explain B please? Class Activity: Expediting a Project Task Predecessor Normal Time Normal Cost Crash Time Crash Cost Weeks $2000 $1500 2

Could you help explain B please?

Class Activity: Expediting a Project Task Predecessor Normal Time Normal Cost Crash Time Crash Cost Weeks $2000 $1500 2 4500 5000 8000 1000 8000 10000 10000 14000 3500 5000 - 4 2500 5000 G,H 3 2000 - 2 3500 IF 3 3000 L 1 4500 UW-UI- 1.0 Consider the project shown above. a) Draw the network diagram and find the critical path, time and cost for an all-normal level of project activity. b) Calculate the crash cost-per-week assuming that all activities may be partially crashed. c) Which tasks should be crashed to do the project in 21 weeks? What is the project cost? d) Calculate the shortest delivery time for the project. What is the cost

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!

Project management Expediting a Project Task Predecessor Normal Time Weeks Normal Cost Crash Time Crash Cost A - 4 $2000 4 - B A 4 $1500 2 4500 C A 6 5000 4 8000 D B 2 1000 2 - E B 6 8000 3 10000 F C...

Crashing the project to different durations 1.a. Calculate Task Predecessor Normal time Normal cost ($) Crash time (days Crash cost/day Number of days the ( days ) Crash cost task can be crashed...

Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100% correct else skip for other tutor. otherwise...

Aa Question 2 Activity Required Predecessor Normal Time Normal Cost Crash Time Crash Cost (None) $4000 $6000 (None) 1500 2000 (None) 2500 3000 1800 2000 A, B 1000 1200 C 2000 3000 3000 6000 D, E, F...

Activity Required Predecessor Normal Time Normal Cost Crash Time Crash Cost A (None) 8 $4000 6 $6000 B (None) 5 1500 4 2000 C (None) 6 2500 4 3000 D A 4 1800 3 2000 E A, B 6 1000 5 1200 F C 7 2000 5...

1. You are the manager of a project to improve the billing process at your firm. The following table contains the data you will need to conduct a cost analysis of the project. Indirect costs are...

You are the project manager of the software installation project in the table below. You would like to find the minimum-cost schedule for your project. There is a $750-per-week penalty for each week...

A: What is the target completion week? B: How much would you save in total project costs with your schedule? You are the project manager of the software installation project in the table below. You...

You are the project manager of the software installation project in the table below. You would like to find the minimum-cost schedule for your project. There is a $1,000-per-week penalty for each...

1. You are the manager of a project to improve the billing process at your firm. The following table contains the data you will need to conduct a cost analysis of the project. Indirect costs are...

The income statements and balance sheets for Walmart are as follows: Walmart Income Statements For the Years Ended December 31 (in millions) Sales revenue Cost of goods sold Gross profit Operating...

Why would the managers of a firm take a foreign project with a lower domestic currency NPV and a higher return variance rather than a foreign project with a higher domestic currency NPV but a lower...

The price at which an option may be exercised is called the A . equilibrium price. B . fixed price. C . strike price. D . market price.

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...