Individual Assignment #4-Reducing Project Duration Step One: Use the data below, and the excel template provided in Individual Assignment #3, to generate an AON network diagram and calculate Forward Pass, Backward Pass, Slack Time and Critical Path. Clearly identify your critical path. Step Two: You have only 16 days to complete the project. What is the least cost solution to achieve completion in 16 days? Redraw a second AON network diagram showing completion of the network in 16 days and calculate Forward Pass, Backward Pass, Slack Time and Critical Path(s). Example - "maximum crash time" interpretation, Activity B - Activity B can be done in the standard 5 days, or crashed a maximum of 2 days Activity B cannot be done in 1 or 2 days, the minimum duration is 3 days If the duration is shortened to 4 days from 5, the additional cost is $60 - If the duration is shortened to 3 days from 5, the additional cost is $120 Step Three: What is the least cost increase to achieve the 16-day duration? Write your calculations. (Show your calculations to arrive at the least cost increase to complete in 16 days.) Activity Preceding Duration Max Crash Slope ID Activity in Days Time A None $20 B A $60 A $40 SWWON- SO $50 C $100 DE.F $70 Step Four 1. Submit the two AON networks diagrams (Steps 1 and 2) along with your calculations and your name 2. Submit them to FOL/Evaluation/submissions/Individual Assignment #4. Grading Step 1 Step 2 Step 3 - w ww Step 4 instructions Total