Question: Project management Q1 Slack is defined as S = EF - ES and also as S = LF-LS T F Q2 Path ACDE is the

Project management
Q1 Slack is defined as S = EF - ES and also as S = LF-LS
T
F
Q2 Path ACDE is the critical path with duration 50 days ; ABE's duration is 48 days . If you crash C by 3 days, ABE becomes the critical path
T
F
Q3 Crash time is the shortest possible task duration; crash cost is the cost of completing the task in crash time
T
F
Q4 Your customer wants you to reduce a project completion by 5 days. Only the three activities on the critical path shown below can be crashed.
B NT = 7 CT = 5 NC = $10000 CC = $14000
C NT = 9 CT = 4 NC = $8000 CC = $23000
D NT = 7 CT = 5 NC = $8000 CC = $13000
Which activities would you crash?
a. B by 2 days, C by 2 days, D by 1 day
b. C by 5 days
c. B by 2 days, D by 2 days c by 1 day
d. B by 2 days, B by 3 days
Q5 Your customer is offering a $5000 incentive to finish five days earlier and you can expect to save $1000 in indirect costs by crashing. What would you tell your customer?
a. Sure. I'll do it
b. The project can't be crashed by 5 days
c. The incentive has to b greater than $ 7,000
d. The incentive has to be greater than $10,000

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