Time-Cost Model Exercise Information for the Time-Cost Model ExerciseCrash Task Immediate Normal Crash Predecessors Time Time...
9. Consider a project having the following ten activities sh Maximum Cost Normal Norma Crash Cra Time Immediate Weeks Cost Time Activity Predecessors (weeks (S) (weeks(SL Reduced none 3,000 9,000 3,000 3,000 6,000 9,000 3,000 7,000 4,000 6 6,000 8 5,000 2 2,000 4 3,000 B, C 4,000 C, D 6 4,000 2 3.000 E, F 4,000 1 4,000 H, I 8 2,000 7,000 (a) What is the expected project completion time? b) What is the critical path? (c) What...
62. Task ID Predecessors Normal Time Maximum Crash Time Normal Cost Crash Cost (Slope) 1 - 5 1 50 20 2 - 3 2 60 60 3 1 4 0 70 0 4 1 2 1 50 10 5 2 5 3 100 60 6 3 2 1 90 100 7 4 5 1 50 30 8 5 2 0 60 40 9 6,7,8 3 1 200 200 Consider the project above. If the indirect costs of the project are:...
For the following project: Normal Time Crash Time Normal Cost Crash Cost Immediate (weeks 4. Activity Predecessor (weeks) $2,600 $2,800 $2,000 $2,200 $500 $2,300 $900 $3,000 $500 $2,600 $1,200 $4,200 $1,400$2,000 4 D, E How long will the project take? What is the total cost to complete the project in normal time? If the project is to be shortened by 1 week, which activity will be reduced and how much will the cost be increased? What is the maximum time...
Normal Time Crash Time Normal with Activity (weeks) (weeks) Cost Crashing Immediate Predecessor(s) $1,400 A 3 2 $2,050 $2,800 B 2 1 $2,100 1 1 $350 $350 7 $1,400 $1,700 A 6 3 $900 $1,200 $5,000 $2,000 F 2 $4,000 $1,500 C 4 G 2 D, E weeks a) Based on the given information regarding the activities for the project, the project completion date b) To reduce the duration of the project to 10 weeks at the least cost, the...
Lecture Exercise #13 Project Crashing Time (weeks) Cost Activity Predecessori s) Normal Crash Normal Crash A None 3 2 1000 1600 B None 2 1 2000 2700 C None 1 1 300 300 D A 7 3 1300 1600 E B 6 3 850 1000 F с 2 1 4000 5000 D, E 2000 G 4 2 1500 What's the normal project completion time? Identify the critical path If you'd like to shorten the project by one week, which activity...
Assume the network and data that follow: ACTIVITY NORMAL TIME (WEEKS) NORMAL COST CRASH TIME (WEEKS) CRASH COST IMMEDIATE PREDECESSORS A 3 $ 60 2 $ 80 — B 5 70 4 110 A C 9 50 6 80 A D 7 100 6 130 A E 8 90 6 100 B F 5 30 3 50 D G 6 110 5 190 C, E, F b. Indicate the critical path when normal activity times are used. A-B-E-G A-C-F-G A-D-E-G...
Given the following information about a small project, Task Duration Immediate Estimates Predecessors A 2 days None B 5 days A C 4 days B D 9 days A E 4 days B & D F 12 days E & C Draw a network diagram. Identify the critical path, earliest start and finish and slack for each task. Using MS Excel, produce a Gantt chart for this project. What would happen if a new estimate for task D increases...
Susan Winslow has two alternative routes to travel from her home in Olport to her office in Lewisburg. She can travel on Freeway 5 to Freeway 57 or on Freeway 55 to Freeway 91. The time distributions are as follows:Freeway 5Freeway 57Freeway 55Freeway 91RelativeRelativeRelativeRelativeTimeFrequencyTimeFrequencyTimeFrequencyTimeFrequency50.3040.1060.2030.3060.2050.2070.2040.3570.4060.3580.4050.2080.1070.2090.2060.1580.15Do a five-day simulation of each of the two combinations of routes using the random numbers below. Based on this simulation, which routes should Susan take if her objective is to minimize her total travel time?Freeway 56388554655Freeway...
The client of a project has requested the project team to crash 8 hours of time. The table below provides the necessary information about the possible project crashing. (a) What is the crash cost for 8 hours of time-savings? (b) Assume the team calls the client and asks for a project extension, reducing the amount of time they need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of time? Activity...
The client of a project has requested the project team to crash 8 hours of time. The table below provides the necessary information about the possible project crashing. (a) What is the crash cost for 8 hours of time-savings? (b) Assume the team calls the client and asks for a project extension, reducing the amount of time they need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of time? Activity...