Based on the given data, we find the crash cost per week as shown below:
Based on the predecessor relationships and normal durations given, we prepare a project network diagram as shown below:
The above network diagram in form of formulas is shown below for better understanding and reference
The above project diagram is prepared as per the legend shown in the top-left corner.
EST = Early start time
LST = Late start time
EFT = Early finish time
LFT = Late finish time
SLK = Slack = LST - EST or Slack = LFT - EFT
The EST of an activity = EFT of previous activity
EFT of an activity = EST + Duration
Similarly, LFT & LST are calculated during the backward pass.
There are multiple paths in the diagram. However, path A-D-G is the longest path and has 0 slack. Hence, this is the critical path of the project.
To reduce project duration, we have to crash activities on critical path first.
As seen from above table, we start with crashing activities with minimum crash cost per day to have minimum cost impact.
As seen from the table on the top, if we want to crash the project by 1 week, we crash activity D since it has lowest crash cost per week and hence, least cost impact on the project.
We summarize the answers as shown below:
The project completion time = 30 weeks
Critical path = A-D-G
To shorten the project by 1 week, we crash activity D
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