PROJ$-1009-$ Project Management

Group Case Study $5$ Ch$\mathrm{.}9$ Reducing Project Duration

Use the following information to compress one time unit per move using the least$-$cost method. Assume the total indirect cost for the project is $$2,000$ and there is savings of $$100$ per time unit reduced. Calculate the total direct, indirect, and project costs for each duration and answer the following.

$1.$ What is the maximum crash time in weeks?

$2.$ Total direct cost at maximum crash time in dollars?

$3.$ What is the optimum crash point in weeks and dollars Direct Cost at $20$ weeks $=$ $$6000$