Please answer the following questions (100 points) Qu.1 Based on the given table below, answer the questions. (30 points) Show all calculation steps in the answers Activity Time (weeks) Cost (USD) Max. Crash Slope Normal Crash Normal Crash 19000 22000 Time A 5 3 B D E 13 16 19 24 F 13 10 21000 25500 13 26000 31000 17 32000 34500 19 49000 53000 10 29500 33000 1156500 59500 17 17000 21000 13 24000 28000 90500 11500 G H 1 14 21 17 10 7 CPM is ABDEGHJ a) Calculate the maximum crashing time and slope for each activity (10 points) b) Crash the project for 9 weeks. (10 points) c) Identify the maximum crashing time for the overall of the project? Illustrate briefly that for how many weeks you can perform crashing) (5 points) d) Calculate total cost of the project prior and later to crashing? Briefly explain the included cost in the calculations. (5 points) Qu.2 What are the number of advantages and disadvantages of reducing project scope to accelerate a project? What can be done to reduce the disadvantages? Briefly explain about the number of risks related with reducing the project duration? (20 points) Qu.3 Advocates of retrospective methodology claim there are distinguishing characteristics that increase its value over past lessons learned methods. What are they? How does each characteristics enhance project closure and review? (25 points) Qu.4 See the following chart and answer the following questions. (25 points) Comparing Project Progress against a Baseline Schedule DEC DEC DEC DEC JAN JAN JAN Job task 01 06 11 16 21 26 31 05 10 15 20 25 30 1 Approve Plan 2 Study Market 3 Drawings 4 Write Specs 5 Mkt. Strat. 6 Prototype 7 Materials 8 Facility 9 Init. Prod. 10 Evaluate 11 Test Market 12 Marketing 13 Changes 14 Production DEC 19 LEGEND Duration of a Normal Job Slack Time for a Normal Job Duration of a Critical Job Break due to Holiday Actual Schedule - Baseline Schedule Milestone a) According to this chart, which tasks started on time? (5 points) b) According to this chart, which tasks started late? (5 points) c) See each task carefully in above chart and Interpret results and write your conclusion. (15 points) Project Management (MGT 400) Summer 2020