A) The duration represented by the critical path corresponds to the project’s minimum duration. Correct option
E) Both B and C. Correct option
Direct costs are the overhead cost applied directly to the project. Indirect costs can be fixed or variable costs.
QUESTION 3 In a deterministic model, which of the following statements coneerning crashing is correet? O...
Question 16 4 points Save Answe The following provides information about a project, including a list of activities and precedence relationships, activity durations (normal and "crash" times), direct activity costs (normal and "crash"), indirect costs for the project, as well as calculated crash costs/day and the maximum amount that each activity can be shortened (crashed) by. There are no penalty costs for this project. Total project cost (using normal times), a network diagram, and the four paths and durations have...
Consider a project having the following six activities: Immediate Max Crash cost Activity Predecessors Time (weeks) Crash* per week A none 6 6 N/A B none 5 2 $500 C A 3 2 $1000 D A, B 4 2 $2000 E C, D 5 2 $1250 F D 6 2 $1000 *Shortest possible time for the task 1. Draw the project network and list...
Table of Crashing DecisionACTIVITYIMMEDIATE PREDECESSOR(S)NORMALCRASHNORMALCRASHA...323,0003,300B...648,0009,000CA114,0004,000 DA543,5004,000EB434,7505,500FC222,0002,000 GD114,0004,000HD,F323,5003,750IE,G323,0004,250JE215,0007,000Since no indirect cost nor penalty cost information is offered, please consider the schedule and crash cost issues only.1. Using Table of Crashing Decision, what is the earliest completion time of this project if normal times are used for all activities?A. fewer than 13 weeks; B. 13 weeks; C. 14 weeks; D. more than 14 weeks2. Using Table of Crashing Decision, what is the minimum time schedule for this project?A. fewer than 8 weeks; B. 8...
QUESTION 9 Consider the following project; for which activities is it possible that the slack can be greater than zero? Activity Immediate Predecessors B, E a. Only activities B or E could have slack, but they could not both have slack. Ob. Only activities B or C could have slack, but they could not both have slack. Oc. It is possible for any or all activities in this project to have slack. Od. It is possible for either all three...
Problem #3 (25 points) For the construction project whose network diagram is shown below, a time-cost optimization procedure is required to determine the shortest duration and its corresponding lowest cost. Activity ID ES Darwin EF LS UF 1. Fill in values for the normal cost and crashed cost in the table below. Activities A and B already have costs associated with them. For activities through I do not use the same costs for any activity 2. Calculate the slope and...
Assume that Indirect project costs are $75,000 per week Crash
the network (one week at a time) until you reach the optimum
cost-time point. Document your crashes clearly. d. What is the
project length at the optimum point?
MGMT 4143 Ch 9 HomeworkDue 3/27, 9pm NOTE due date is changed All work must be done in Excel Put each problem on a separate worksheet tab Label the worksheet tabs, put your name on each worksheet. Note: Crash the networks as...
Question 12 (10 points) A project for building a wall has following activity times. The critical path of the project is A-C-D-F-H. Activity Normal Time (months) Crash Time (months) Normal Cost (S mil.) 1,000 800 600 1,500 1,300 900 900 500 Crash Cost (S mil.) 1,200 2,000 900 2,000 1,400 1,200 900 900 a. What is the total project cost? (3 points) b. If the project must be completed 1 month early, which activity should be crashed to keep costs...
Development of a new deluxe version of a particular toy is being considered by T-O-Y Inc. The activities necessary for the completion of this project along with the relevant information for each activity are listed in the following table. The Total Crash Time represents the time for that activity after it has been crashed the maximum crash time allowed for that activity. For example, we can reduce the time for Activity A by one week to 3 weeks after crashing...
PM.62 The US government has recently contracted with Boeing to build its fleet of airborne tankers. The project has been laid out with durations (in weeks), predecessors, and costs included: Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 11 10 $1,500 $1,650 - B 7 5 $1,200 $2,490 - C 5 4 $900 $1,200 B D 4 2 $2,100 $3,000 A E 2 1 $550 $1,250 B F 4 3 $660 $1,050 E G 10...
Software Installation: You are the project manager of the software installation project (see figure & table) below. You would like to find the minimum-cost schedule for your project. There is a $1,000-per-week penalty for each week the project is delayed beyond week 25. In addition, your project team determined that indirect project costs are $2,500 per week. Oo un D FINISH START START I Normal Normal Crash Crash Max reduction $ per Week Activity Time Cost Time Cost AI 5...