Question: You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 7 working

You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 7 working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 7 working days.

Draw a project network given the information below. Complete the forward and backward pass, compute the activity slack, and identify the critical path. Do you expect to receive a bonus or a penalty on this project?

ID Description Time (days) Predecessor Prepare site A None 2 Pour foundation B B 3 Erect frame 4 Roof D 4 Windows 1 Doors 1 Electrical G D,E,F,G 3 Rough-in frame F,G .I Door opener Paint Cleanup K 1

Step by Step Solution

★★★★★

3.37 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Early start late start early finish late finish and slack are shown on the diagram above The compl... View full answer

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1379-B-M-L-P-M(2681).docx

120 KBs Word File

Students Have Also Explored These Related Management Leadership Questions!

If X and Y are both discrete, show that x pX|Y (x|y) = 1 for all y such that pY (y) > 0.

The Rice Company signed a contract to build a dam over a period of three years for a price of $10,000,000. Information relating to the performance of the contract is summarized as follows: Required...

A retail shopping center developer signed a contract to build a $100 million high-end shopping center in City Center, because the city and county governments agreed to sales and tax rebates totaling...

On January 1, 2024, Lego Construction Company signed a contract to build a custom garage for a customer and received $10,000 in advance for the job. The new garage will be built on the customers...

subject is project management Editing a 1. You have signed a contract to build a garage for the Simpsons. You will receive $500 bonus for completing the project within 17 working days. The contract...

8. You have signed a contract to build a garage for the Simpsons. You will receive $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which...

You have signed a contract to build a garage for the Simpsons. You will receivea $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you...

8. You have signed a contract to build a garage for the Simpsons. You will recei $500 bonus for completing the project within 17 working days. The contract contains a penalty clause in which you will...

2. You have signed a contract to build a garage for the Simpsons. You will receivea $500 bonus for completing the project within 15 working days. The contract also contains a penalty clause in which...

You have signed a contract to build a garage for the Simpsons. You will receive a$ 5 0 0 bonus for completing the project within 1 7 working days. The contract also contains a penalty clause in which...

You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which...

As a graduate researcher working for the Asian Bank, you are assigned the task of estimating the following model of per capita income (incpc) on average years of education of residents of a country...

Figure CS-43 is a water pump impeller used by a major automotive parts manufacturer. The outer diameter of the component is 2.75 inches and the height is specified at 0.75 ± 0.005 inches. The...

I n Problems 2 4 find the general solution o f the given differential equation. Give the largest interval I over which the general solution i s defined. Determine whether there are any transient...

Consider an ionic compound, MX,, composed of generic metal M and generic gaseous halogen X. The enthalpy of formation of MX, is AH; = -797 kJ/mol. The enthalpy of sublimation of M is A Hub = 171...

Jack, an investor is pondering two portfolios, the S&P 500 and a hedge fund. The S&P 500 is estimated to have a standard deviation of 20%. The hedge fund has a standard deviation of 40%. The...

Customers complaining about double billing

As part of research on the length of the growing season in mountain, meteorological stations are installed at di erent altitudes. The temperature average rature (in degrees celcius) as well as the...

QUESTION. 5.PART.1 Monthly Mortgage Payments The average monthly mortgage payment including principal and interest is $982 in the United States. If the standard deviation is approximately $180 and...

Problem 15-09 Capital Structure Analysis Pettit Printing Company has a total market value of $100 million, consisting of 1 million shares selling for $50 per share and $50 million of 10% perpetual...