Project management problem

Table 5i below provides relevant information for a project. () () Table 5i: Project Information Activity Predecessor Normal Crash Staff Duration Cost Duration* Cost required (weeks) (weeks) 22,000 23,000 11 30,000 34,000 10 26,000 27,000 B 4 48,000 49,000 12 56,000 2 58,000 14 F C 3 30,000 2 30,500 10 DE 80,000 86,000 16 F G 2 16,000 1 19,000 8 * The crash duration indicates the shortest possible activity time. 13 3 5 H 16 a) The project manager needs to consider reducing the project duration by 2 weeks for a minimum extra cost. What would you propose to do? Identify the relevant costs clearly to justify your approach. Note that partial crashing is allowed and assume that the costs provided in Table 5i are total costs for each activity, i.e. not costs per week. (40%) b) Given the resource requirements for each activity in Table 5i, develop a Gantt Chart and the relevant resource histogram for the normal duration of the project. The project manager is allowed to hire a maximum of 26 staff per week. Advise on whether the project is feasible. For any recommendation that requires adjustment, provide additional Gant Chart(s) and resource histogram(s) to justify your approach. (40%) c) List (no need to explain) the negative consequences that crashing may lead to in the context of project management. (20%)