Question: You are the project manager on the time-constrained / cost enhance project called EXCITE. You are asked to work out the answers to question 6a,6b

You are the project manager on the time-constrained / cost enhance project called EXCITE. You are asked to work out the answers to question 6a,6b and 6c. Figure 2 provides blank network plans to use working the solutions out. Only your answers will be marked.

A. What is the optimal project Time

B. What is the optimal project cost

C. What is the shortest time the project could be completed in

You are the project manager on the time-constrained / cost enhance project

DIRECT COSTS Max Slope Max Crash NORMAL NORMAL CRASH CRASH $ per day) Time TIME COST TIME COST A 6 $50 6 B 15 $14 14 $20 C 11 $4 9 $12 D 7 $21 6 $30 E 20 $50 20 F 12 $22 11 $30 Figure 2: Project EXCITE blank network plans B D TIME B D TIME A E Activities A E changed: Activities changed: C F C F B D TIME B D TIME A E Activities A E Activities changed: changed: C F C F B D TIME B D TIME A E Activities A E Activities changed: changed: C F C F Project Duration 24 25 26 27 28 29 Total direct Costs: Total Indirect Costs: $100 $105 $110 $115 $120 $125 Total Project Cost

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