Question: Question 6: (Project Duration Reduction): (2 points) Project Duration Reduction is an important aspect of leading a project. Use the information below to reduce project

Question 6: (Project Duration Reduction): (2Question 6: (Project Duration Reduction): (2

Question 6: (Project Duration Reduction): (2 points) Project Duration Reduction is an important aspect of leading a project. Use the information below to reduce project duration one-time unit per move. Reduce the schedule until you reach the crash point or the best cost value for this network. For each move identify what activity(s) should be crashed and the adjusted total cost. Total direct cost is $1000, indirect cost is $800 and each time-unit reduction cost is $50. Activity Normal time 2 3 Normal cost 100 150 Maximum Crash Time 0 2 1 Crash Cost (per unit-time) 0 110 A B C 200 50 D 3 4 200 200 1 2 60 70 E F 3 150 1 90 Complete the following: Normal TIME: B D Total Direct Cost: 3 F A 3 2x E 4 TIME: B D Total Direct Cost: Activities Changed: 3 F A 3 2x E 3x 4 TIME: B Total Direct Cost: Activities Changed: 3 3 F A 3 2x C E 3x 3 Activity Normal time Maximum Crash Time Normal cost 100 150 0 A B 2 3 Crash Cost (per unit-time) 0 110 50 2 4 200 1 D 3 1 200 200 60 70 E 4 2 F 3 150 1 90 TIME: B Total Direct Cost: Activities Changed: 3 3 A 2x 2x E 3x 3 TIME: 8 B Total Direct Cost: Activities Changed: 2x A 2x 2x E 3x 2x TIME B Total Direct Cost: Activities Changed: E Q. What is the final project cost and duration

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!