MGT400 / Project Management

Chapter 9: Reducing Project Duration (page 304-323)

Textbook/material required: Larson, E. and Gray, C (2017) Project Management, the Managerial Process. 7th Edition, New York: McGraw Hill, ISBN 978-1-259-01070-8.

(14. Based on the project data provided in the table below, answer questions a] to d). {30 points} I Timelweeks} I CosthDj I Max. Crash Slope I Activity Normal Crash I Normal Crash I Time | A 9 a | 33000 35000 | B 11 9 | 47000 50000 | c 13 11 25000 29000 0 25 22 53000 55500 E 31 30 50000 53000 F 15 13 29000 30000 | G 19 15 | 53000 71000 | H 45 41 I 35000 39000 I I 14 11 | 23000 25000 | 1 14 13 23500 29500 CPMisABDEGHJ a} Calculate the maximum crashing time (Max. Crash Time) and Slope for each activity. (10 points} b) Crash the project (reduce the duration} for 8 weeks. [5 points) c) What is the total cost of the project before and after crashing it by 8 weeks? Brieflyr explain the costs included in the calculations. (10 points) d) What can be the maximum crashing time for the overall project? Explain briefly. [5 points} Note: You need to show a" calculation steps in your answers