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,

You are the project manager on the

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. Max Slope (s per day) Max Crash Time CRASH COST A B MOOD NORMAL TIME 6 15 11 7 20 12 DIRECT COSTS NORMAL CRASH COST TIME $50 6 $14 14 $4 9 $21 6 $50 20 $22 11 $20 $12 $30 E F $30 Figure 2: Project EXCITE blank network plans D TIME B D B TIME A E Activities changed: A E Activities changed: F F F B D TIME B D TIME A E Activities changed: A A E Activities changed + F F B D TIME B D TIME E Activities E Activities D A E Activities changed: A E Activities changed: F TI C F 24 25 26 27 28 29 Project Duration Total direct Costs: Total Indirect Costs: Total Project Cost: $100 $105 $110 $115 $120 $125 6a) What is the optimal project time? 6b) What is the optimal project cost? 6c) What is the shortest time the project could be completed in? (3 marks) (3 marks) (4 marks) Please enter your answers in the section below clearly identifying which part of the question ie a, b, etc your answer relates to

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