Question: Need to solve this question within next 1 hour. Q1: For the below project 3+12+4+2+2+2= 25 3 4 a) What do you understand by the

Need to solve this question within next 1 hour.

Q1: For the below project 3+12+4+2+2+2= 25 3 4 a) What do you understand by the term Project? What are the characteristics of projects? Please provide 3 examples for projects b) Draw Network Diagram, find Critical path, completion time 8+2+2=12 c) Find float/slack for each activity. d) Can activity I be delayed? If yes, then for how many days? If $1000 can be saved for each delayed day of activity I, then how much dollar can be saved keeping the project completion time unchanged? 2 e) Activity F needs a delayed time of two days and extra time of five days, is it possible by keeping the project completion time unchanged? Explain. 2 f) The PM wants to shorten the duration of the activity from 6 days to 2 days. What will be the impact of this change on project completion time? 2 Activity Duration Activity Duration Immediate Predecessor(s) Immediate Predecessor(s) (days) (days) A 4 F CE 2 B 5 G D, E 3 A 2 H C, D. E 7 D B 2 I F 5 E B 3 J GH 6

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