Question: Max Slope (per dat Max Crash Tune CRASH COST B Timolol NORMAL TIME 6 15 11 7 20 12 DIRECT COSTS NORMAL CRASH COST TIME

Max Slope (per dat Max Crash Tune CRASH COST BMax Slope (per dat Max Crash Tune CRASH COST B

Max Slope (per dat Max Crash Tune CRASH COST B Timolol NORMAL TIME 6 15 11 7 20 12 DIRECT COSTS NORMAL CRASH COST TIME $60 6 $14 13 7 $21 6 $50 15 11 $20 $12 $30 $60 $30 $22 Figure 2. Project EXCITE blank network plans B B TIME Activities changed Cost Total Direct Cost: A E A E TIME Activities changed Cost Total Direct Cost F F B B D TIME Activities changed Cost: Total Direct Cost TIME Activities changed Cost: Total Direct Cost A E E A E F F B D B D TIME TIME Activities changed Cost Total Direct Cost A E A E Activities changed Cost Total Direct Cost TI TI 24 25 26 27 28 29 Project Duration Total direct Costs: Total Indirect Costs: Total Project Cost: $100 $105 $110 $115 $120 $125 You are the project manager on the time-constrained cost enhance project called EXCITC. You are asked lo work out the answers to question a, b, and e below. Figure 2 (Project Excite) provides blank network plans to use Working ine solutions out. Only your answers will be marked. 14 6 c . GURE DIRECT CHEF TI :! sra 5 15 214 13 $20 7 7 594 $10 520 13 $90 12 22 $31 Figure 2: Project EXCITC bank network plans 11 20 r O B D TIME D TIME E A E OLA CE C F Total Cost 1.HU Total Direct Com B TIME B B TIME A A anys F Total Cost F Total Cost B D B . JD TIME TIME A s E A st: F Todoro Cost C C F Totoroct Oost 24 23 27 26 Project Durdon Restaat ROME. Tou Prol Cost WAG 12 $79. 3. What is the optimal project time? (3 marks) b. Whal is the uplima pruject cost? (3 in) What is the shortest time the project could be completed in? (4 marks)

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!