my question is: Now consider the resource constraints given above and the priority given in Question 1. What will be the cost of this project?

The Notting Hill project defined in Question 1 has the scope to test a new prototype of a racing scooter. This company uses a strong matrix to optimally utilize limited manpower. Main human resources of this company are industrial engineers, design engineers and mechanical engineers, working in teams. The network information of this Project is as follows: Act. Description Predecessor Time Resource (Week) 1 Market analysis 1 Outsourced 2 Product design 3 Design Eng. 3 Manufacturing study 1 2 Mechanical Eng. 4 Product design selection 1 5 Industrial Eng. 5 Detailed marketing plans 2 3 Mechanical Eng. 6 Manufacturing process 3,4 4 Industrial Eng. 7 Detailed product design 4 4 Design Eng 8 Test prototype 5,6,7 1 Project Manager Resource Cost ($/week) Number Available Industrial Engineer 1.250 1 Design Engineer 1.000 1 Mechanical Engineer 1.500 1 Project Manager 2.000 1 Project Network 4 5 7 1 2 4 3 3 Product Design 3 7 Detail Marketing Plans 3 10 4 7 0 1 1 1 3 3 10 8 11 6 6 10 0 0 Market Analysis 1 1 3 Manufacturing Study 6 0 Manufacturing Process 6 4 10 Test Prototype 1 11 10 0 4 2 1 4 6 6 7 10 0 0 Product Design Selection 5 6 Detail Product Design 4 10 1 6