Question: Develop a solution for the following project problem. Act Pred. Normal Time (Weeks) Crash Time Normal Cost Crash Cost (total) Crash cost per (week) A

Develop a solution for the following project problem.

Act

Pred.

Normal Time (Weeks)

Crash Time

Normal Cost

Crash Cost (total)

Crash cost per (week)

A

-

6

5

$900

$1000

B

-

8

6

$300

$400

C

-

4

3

$500

$600

D

A

5

3

$900

$1200

E

C

8

5

$1000

$1600

a) Draw the project network with Normal time.

b) What is the project duration (in weeks)? And total normal cost?

c) Compute crash cost per week for each activity.

d) Reduce the project cycle time by four weeks (Crash the network by four weeks).

d) Find the new total cost of completing the project (after crashing).

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!