Question: For plan A and B, Create your activity-on-node network and revise your budget estimate with final project plan and crash times. Construction Starts January 31st.

For plan A and B, Create your activity-on-node network and revise your budget estimate with final project plan and crash times. Construction Starts January 31st. Show crash costs below house plan costs in a separate line.Identify timelines with best case / worse case scenarios then list what you would do to mitigate the risk so that the move in date was protected. Put this information in a business memo so that the range of timelines, risk for missing The finish date of August 1st and your mitigation strategies are understood.

Plan A Plan B
House plan $ 281,561 $242,696
Crash cost $9,000 $ 9,000
Lot (varies) $48,000 $ 68,000
Required Upgrades $ 7,772 $ 7,772
Optional Upgrades $ 8,350 $ 1,350
Appliances $ 3,742 $ 3,742
Buffer Amount $1,576 $ 27,440
Total $358,425 $332,560
Total budget Available $340,000 - $360,000

For plan A and B, Create your activity-on-node network and revise your

budget estimate with final project plan and crash times. Construction Starts January

\begin{tabular}{|c|l|c|c|c|c|} \hline & & \multicolumn{3}{|c|}{ Weeks } & Preceding \\ \hline ID & \multicolumn{1}{|c|}{ Stages } & Low & High & Plan & Activity \\ \hline A & Start, Permits & 1 & 1 & 1 & None \\ \hline B & Foundation & 2 & 4 & 2 & A \\ \hline C & Framing & 3 & 5 & 4 & B \\ \hline D & Lockup & 3 & 5 & 4 & C \\ \hline E & Dry Wall & 2 & 3 & 3 & D \\ \hline F & Flooring & 3 & 4 & 4 & D \\ \hline G & Fit out & 5 & 6 & 5 & D \\ \hline H & Completion & 7 & 8 & 8 & G \\ \hline & Critical Path & 21 & 29 & 24 & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & Time & Crash & Decision & \\ \hline & Saving & Cost & Time & \\ \hline & & 12 & & & \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline ES & ID & EF \\ \hline SL & \multicolumn{2}{|c|}{ Description } \\ \hline LS & DUR & LF \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 11 & E & 14 \\ \hline 2 & \multicolumn{2}{|c|}{ Dry Wall } \\ \hline 11 & 3 & 16 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 0 & A & 1 \\ \hline 0 & \multicolumn{2}{|c|}{ Start, Permit } \\ \hline 0 & 1 & 1 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 1 & B & 3 \\ \hline 0 & \multicolumn{2}{|c|}{ Foundation } \\ \hline 1 & 2 & 3 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 3 & C & 7 \\ \hline 0 & \multicolumn{2}{|c|}{ Framing } \\ \hline 1 & 4 & 7 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 7 & D & 11 \\ \hline 0 & \multicolumn{2}{|c|}{ Lockup } \\ \hline 7 & 4 & 11 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 11 & G & 16 \\ \hline 0 & \multicolumn{2}{|c|}{ Fit Out } \\ \hline 7 & 5 & 16 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline 16 & H & 24 \\ \hline 0 & \multicolumn{2}{|c|}{ Completion } \\ \hline 16 & 8 & 24 \\ \hline \end{tabular} Critical Path: A, B, C, D, G, H \begin{tabular}{|c|c|c|} \hline 11 & F & 15 \\ \hline 1 & \multicolumn{2}{|c|}{ Flooring } \\ \hline 11 & 4 & 16 \\ \hline \end{tabular}

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!