Using the Information given below in Tables 2 and 3 about the project network, compress 1...
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Using the Information given below in Tables 2 and 3 about the project network, compress 1 week per move using the least cost method. Reduce the schedule until you reach the crash point of the network. For each move, clearly write what activity (s) was crashed and the adjusted total cost. Under normal circumstances, the project is completed in 17 weeks. Total direct costs are USD 2000. Total weekly indirect costs are presented in Table 3. What is the optimum cost-time schedule for the project? What is the cost? [17.5] Table 2 Activity A B C D E F G H I Table 3 Predecessors None A A B, C C B F D, E G, H Week No Indirect cost (USD) Normal time (weeks) 17 16 1600 1510 3 4 3 4 2 3 2 4 2 15 1420 Crash time (weeks) 3 3 2 3 2 1 1 2 1 14 1330 Normal cost (USD) 13 1240 150 200 250 200 250 200 250 300 200 12 1150 Crash cost (USD) 11 1060 150 300 310 240 250 260 270 420 400 10 970 Using the Information given below in Tables 2 and 3 about the project network, compress 1 week per move using the least cost method. Reduce the schedule until you reach the crash point of the network. For each move, clearly write what activity (s) was crashed and the adjusted total cost. Under normal circumstances, the project is completed in 17 weeks. Total direct costs are USD 2000. Total weekly indirect costs are presented in Table 3. What is the optimum cost-time schedule for the project? What is the cost? [17.5] Table 2 Activity A B C D E F G H I Table 3 Predecessors None A A B, C C B F D, E G, H Week No Indirect cost (USD) Normal time (weeks) 17 16 1600 1510 3 4 3 4 2 3 2 4 2 15 1420 Crash time (weeks) 3 3 2 3 2 1 1 2 1 14 1330 Normal cost (USD) 13 1240 150 200 250 200 250 200 250 300 200 12 1150 Crash cost (USD) 11 1060 150 300 310 240 250 260 270 420 400 10 970
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Project Management The Managerial Process
ISBN: 978-1259666094
7th edition
Authors: Erik W. Larson, Clifford F. Gray
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