Subject: project management

Q2. (Continued) (b) A housing project is behind schedule; hence the developer of the housing project will need to complete and hand over the houses at the soonest. You and your management team members are responsible to mitigate the situation by performing a time-cost trade-off analysis into the project. You will need to include the following: Table Q2b Normal Crash Prior Days cost, Days cost, AM 7,000 7.000 9 8,000 9 3.000 14 6,000 12 11.000 18 5,000 11 8,500 E CD 12 8,000 8.000 E 20 6,000 16 12,000 E 9 7,000 9 7.000 H E 11,000 7 15.000 GH 10 15,000 7 21,000 LF 9,000 9,000 (1) (ii) Construct a network diagram (PDM), including activity early start, late start, early finish, late finish and float. (12 marks) Find the shortest duration to which the project duration can be shorten and the total cost of increment due to crashing. (10 marks) [Total : 40 marks)