Problem #3-Time-Cost Trade-Off Analysis (20 Points) Given the precedence diagram below, perform the following: a. Perform...

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Problem #3-Time-Cost Trade-Off Analysis (20 Points) Given the precedence diagram below, perform the following: a. Perform forward and backward pass calculations to calculate Early Start (ES). Early Finish (EF), Late Start (LS), Late Finish (LF) and Total Float (TF) for all activities and identify the critical path. (5 points) b. Create a crashing list from the critical path activities found in Part A using the provided table. (5 points) c. Utilize the Least-Cost crashing solution to compress the schedule as much as possible. List the crashing steps on the provided table. How does this network compression affect the project schedule? How much total cost has been added to the project? Identify any new critical path(s) that are created due to the least-cost crashing process. (10 points) "Assume the first activity starts at day Part A: Original Diagram A 1100 B D 1200 2800 3750 C E 2400 3450 G 2500 Part B: Crashing List for Step 1 Activity Cost/Day Part C: Crashing Step Table-Least Cost Solution 1 Step 2 3 4 5 Activity to Crash # of Days Crashed SCost/Day Added Project Cost Duration Total Days Reduced Total Added Cost Step 1 1100 Activity Cost/Day B D F 1@200 2800 38750 C E 2400 32450 G 2500 Step 2 A 1100 Activity Cost/Day B D F 1200 2800 3750 C E 20400 38450 G 28500 Step 3 18100 B D 1200 2800 38750 C E 22400 3450 G 2500 Activity Cost/Day Step 4 A 1100 B D 1200 2@800 3750 C E 22400 3g450 3 G 22500 Activity Cost/Day Step 5 A 1100 B 1200 Activity Cost/Day D F 2800 38750 C E 2400 32450 G 12500 Problem #3-Time-Cost Trade-Off Analysis (20 Points) Given the precedence diagram below, perform the following: a. Perform forward and backward pass calculations to calculate Early Start (ES). Early Finish (EF), Late Start (LS), Late Finish (LF) and Total Float (TF) for all activities and identify the critical path. (5 points) b. Create a crashing list from the critical path activities found in Part A using the provided table. (5 points) c. Utilize the Least-Cost crashing solution to compress the schedule as much as possible. List the crashing steps on the provided table. How does this network compression affect the project schedule? How much total cost has been added to the project? Identify any new critical path(s) that are created due to the least-cost crashing process. (10 points) "Assume the first activity starts at day Part A: Original Diagram A 1100 B D 1200 2800 3750 C E 2400 3450 G 2500 Part B: Crashing List for Step 1 Activity Cost/Day Part C: Crashing Step Table-Least Cost Solution 1 Step 2 3 4 5 Activity to Crash # of Days Crashed SCost/Day Added Project Cost Duration Total Days Reduced Total Added Cost Step 1 1100 Activity Cost/Day B D F 1@200 2800 38750 C E 2400 32450 G 2500 Step 2 A 1100 Activity Cost/Day B D F 1200 2800 3750 C E 20400 38450 G 28500 Step 3 18100 B D 1200 2800 38750 C E 22400 3450 G 2500 Activity Cost/Day Step 4 A 1100 B D 1200 2@800 3750 C E 22400 3g450 3 G 22500 Activity Cost/Day Step 5 A 1100 B 1200 Activity Cost/Day D F 2800 38750 C E 2400 32450 G 12500