Question: You have collected the data for a time-cost CPM scheduling model analysis. The time is in days and the project direct costs are given here.

You have collected the data for a time-cost CPM
You have collected the data for a time-cost CPM
You have collected the data for a time-cost CPM scheduling model analysis. The time is in days and the project "direct costs" are given here. The indirect costs for the project are determined on a daily duration basis. If the project lasts 16 days, the total indirect costs are $400; 15 days, they will be $250; 14 days, they will be $200; and 13 days, they will be $100. If you crash this project by one day, what is the total (i.e., direct and indirect) project cost? 3 Immediate Normal Crash Normal Crash Activity Predecessor Time Time Cost(Direct) Cost(Direct) None 3 2 $300 $400 B A 3 3 $100 $100 C 1 1 $200 $200 D Band C 3 2 $400 $550 E D 2 1 $500 $900 F E 3 3 $200 $200 G F 2 2 $100 $100 A $2,450 $2,150 $2,300 $2,400 $2.500

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!