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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