You recently bought a piece of land and want to build your dream house on it. After
Question:
You recently bought a piece of land and want to build your dream house on it. After doing some research, you identified the major activities, predecessor relationships among the activities, and a time estimate to complete each activity (as shown in the table).
Question 1: What is the project completion time (in weeks)?
Question 2: Identify the critical path. Multiple choice:
a) A-B-E-G
b) A-C-D-F-G
c) A-B-C-D-E-F-G
d) A-C-D-E-G
Question 3: What is the slack for activity B?
Question 4: What is the maximum amount of time Activity E can be delayed from its earliest start time without delaying the completion of the project?
Question 5: Suppose you wanted to complete the project in 25 weeks instead of 26 weeks, and you were considering investing money to speed up the completion of one activity by one week. Which of the activities below, if you invested in reducing their completion time by one week, would result in the project being completed in 25 weeks instead of 26 weeks?
a) Activity A
b) Activity B
c) Activity C
d) Activity D
e) Activity E
f) Activity F
g) Activity G
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young