Question: [TOTAL MARKS: 25 Q 5(a) [5 Marks tracking? What is meant by the acceleration of a project? How does this differ from the fas Q

[TOTAL MARKS: 25 Q 5(a) [5 Marks tracking? What is meant by the acceleration of a project? How does this differ from the fas Q 5(b) [20 Marks a) Using the project information contained in Table 5.1 Activity Normal Time Normal Cost Crash Time Crash Cost (week) (E) (week) (E) 1-2 6 12,000 4 20,000 2-4 8 24.000 4 7157 40,000 4-6 3 18,000 2 20,000 6-7 6 18,000 4 30,000 2-3 6 36,000 4 54,000 3-6 10 10,000 6 42,000 2-5 11 20,000 9 27,000 5-7 8 40,000 6 48,000 Table 5.1 Indirect Costs = 63000/week 1. Draw the AOA network and determine the critical path. [5 marks] Il. Calculate the acceleration cost to reduce the project duration by weeks. [8 marks] Reduce the schedule until you reach the crash point of the network For each move identify what activity(s) was crashed, the adjusted tote cost, and explain your choice if you have to choose between activitie that cost the same. [12 marks]
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