PROJECT & OPERATIONS MANAGEMENT Question

A) What is the completion time for the project?

B) How much your company has to pay for the penalty?

C) What is the Latest Finish (LF) for activity F?

D) What is the Latest Start (LS) for activity H?

You have a business contract for the AirAsia Berhad. The CEO of the company, Tony Fernandes will give a $50,000 bonus for completing the project within 15 working days. The contract also contains a penalty clause in which you will lose $10,000 for each day the project takes longer than 15 working days. From the information given below, draw the project network and complete the forward and backward pass, compute the activity slack, and identify the critical path. Do you expect to receive a bonus or a penalty on this project? Time (days) ID A B emowuOI-> Description Pour foundation Erect frame Roof Windows Doors Electrical Rough-in frame Door opener Paint Cleanup Predecessor None A B B B B C, D, E, F E,F G, H 0 0 0 3 4 4 1 1 3 2 1 2 1