Question: Project Crashing The following table gives data on normal time and cost and crash time and cost of project. Indirect cost is CAD 60 day

Project Crashing The following table gives data on normal time and cost and crash time and cost of project. Indirect cost is CAD 60 day A) Draw the network diagram Marks 3 B) Find Critical path Marks 2 C) Crash the relevant activities symmetrically and determine the optimum project time and cost Marks 10 Acitvity Name Normal Time Normal Cost Crash Time Crash Cost 1-2 A 9 640 6 700 1-3 B 8 500 5 575 1-4 C 15 400 10 550 2-4 D 5 100 3 120 3-4 E 10 200 6 260 4-5 F 2 100 1 140 Q2. Earned Value Youre a subcontractor responsible for managing the installation of 10,000 feet of fence around an elementary school. You estimate the cost of fence installation to be $10 per foot. You estimate that your crew can install 500 feet of fence per week. After 12 weeks, you have 50% of the job complete and you have spent $45,000. Determine the value for each of the terms below: Marks 10 Term Value 1 Budget at Completion (BAC) 2 Planned Value (PV) 3 Earned value (EV) 4 Actual Cost (AC) 5 Cost Variance (CV) 6 Schedule Variance (SV) 7 Cost Performance Index(CPI) 8 Schedule Performance Index (SPI) 9 Estimate at Completion 10 Estimate to Complete

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!