Question: Question 2 Maximum Word Count 1000 words Refer to Table 1. This table shims nom'ral durations and units, and crash durations and costs for the


Question 2 Maximum Word Count 1000 words Refer to Table 1. This table shims nom'ral durations and units, and crash durations and costs for the activities involved in one of the main project packages. Table 1 Activity normal and crash durations for the package Note: The crash dilation represents the minimum duration where an activity is speeded up as much as possible. The crash cost repremnts the increawd cost of the activity after it has been speeded up as much as possible. Note: Where the normal duration and crash dLlaOl'l are the same this activity cannot be crashed. Activity Normal duration Crash duration Nonnal cost Crash cost {months} {months} E} {(5.} AB B 6 100,000 200,000 AC 3 1 100,000 120,000 AE 3 1 500,000 T00,000 BD 5 4 150,000 230,000 CG 2 2 30,000 30,000 CH 6 2 5,000 5,000 DF 6 2 100,000 160,000 DH 4 3 80,000 130,000 EF 3 3 30,000 30,000 F4 9 3' 150,000 190,000 FK 2 1 30,000 40,000 Gl 1 1 300,000 350,000 Hl 3 2 80,000 150,000 HJ 3 1 180,000 210,000 lL 2 1 30,000 35,000 JL 1 1 B 100,000 130,000 KL 2 2 500,000 T00,000 (all Draw a network for the work package showing the activities, critical path and package duration. {5 malts} (b) (6} Assume TVO wishes the package to be completed within 28 months. Calculate the most cost-effective way of completing the package within this time, giving the nal work package cost associated with this crash sequence. (10 marks) Assume liquidated and ascertained damages apply at a rate of 5,000 p_er week for completion later than the end of month 2?. Calculate the actual costs of crash and present it in a 'graphical report'. Explain what the duration is that gives the lowest total project cost. (10 marks) [Total 25 marks)
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