Question: PLEASE EXPLAIN YOUR WORK QUESTION 2 You are the project manager of a software installation project. You would like to find the minimum-cost schedule for

PLEASE EXPLAIN YOUR WORK

PLEASE EXPLAIN YOUR WORK QUESTION 2 You are the

QUESTION 2 You are the project manager of a software installation project. You would like to find the minimum-cost schedule for your project. There is a $1000-per-week penalty for each week the project is delayed beyond 25 weeks. In addition, your project team determined that indirect costs are $2,500 per week. Normal Time (weeks) 5 Crash Time (weeks) 3 7 8 10 8 Immediate Activity Predecessor A B C A D A,B E B F D G E, F H G 1 C, F Normal Cost ($) 2,000 5,000 10,000 3,000 4,000 8,000 2,000 6,000 7,000 4 3 9 2 3 Crash Cost ($) 4,000 8,000 12,000 7,000 5,000 14,000 2,000 9,000 15,000 2 6 2 8 5 7 9 a) What is the target completion week? b) How much would you save in total project costs with your schedule

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