Reduce completion time of the project by three weeks

Assignment Help Strategic Management
Reference no: EM131727138

Consider a project having the following ten activities:

Normal Normal Crash Crash Maximum

Immediate Time Cost Time Cost Weeks

Activity Predecessors (weeks) ($) (weeks) ($) Reduced

A none 7 3,000 6 6,000 1

B A 8 5,000 6 9,000 2

C A 2 2,000 1 3,000 1

D A 4 3,000 4 3,000 0

E B, C 9 4,000 7 6,000 2

F C, D 6 4,000 4 9,000 2

G E 2 3,000 2 3,000 0

H E, F 9 4,000 7 7,000 2

I G 1 4,000 1 4,000 0

J H, I 8 2,000 6 7,000 2

Please show the work on how to get the solutions

(a) What is the expected project completion time?

(b) What is the critical path?

(c) What is the most economical way and how much will it cost to reduce the completion time of the project by three weeks? By five weeks?

Reference no: EM131727138

Questions Cloud

Years and interest is paid semiannually : ABC Co. has a bond outstanding that has a 6% coupon rate on a $1,000 par and a market price of $958.42. If the bond matures in 5 years and interest is paid.
What management have to say about companys recent results : What does management have to say about the company`s recent results? Does management appear pessimistic or optimistic about the future?
Calculate the net operating income under variable costing : ACCY211: Management Accounting Assignment. Calculate the net operating income under variable costing. Prepare an income statement using absorption costing
What will? paul monthly payments? be : He makes a ?$2,000 down payment and the dealer gives him an? add-on loan, charging him an annual interest rate of 8.6?%. If he takes out a 4?-year ?loan
Reduce completion time of the project by three weeks : What is the expected project completion time? What is most economical way and how much will it cost to reduce completion time of the project by three weeks?
What simple interest? rate : What simple interest? rate, to the nearest tenth of a? percent, will you? pay?
Explain the concept of expected value : In 2004, 70% of children in the United States were living with both parents, 23% were living with mother only, 3% were living with father only.
What is the real interest rate : If the nominal interest rate is 14% and inflation is 4%, what is the real interest rate? Round your answer to the nearest tenth of a percent.
Describe relevant terms that will be used throughout project : Describe the scope and analyze how to control the scope. Describe relevant terms that will be used throughout project.

Reviews

Write a Review

Strategic Management Questions & Answers

  Using the six inventory drivers

Using the six inventory drivers as described by Dennis Lord in his article, "Inventory: The necessary evil?"

  Individual components of the strategic plan

Now that you completed all the individual components of the Strategic Plan, conclude this project by synthesizing all the individual components into a strategic plan that could be presented to leaders of the organization

  Critical success factors for the it manager

Building a business case for an IT strategy is essential to demonstrate that there is an alignment between the IT that is implemented in the organization and the overall goals and objectives of the organization. Being able to build a business case me..

  Provides recommendations for motivating cross cultural staff

Recommends the most appropriate entry mode, corporate and business level strategy and human resource approach; and Provides recommendations for motivating and leading cross cultural staff.

  Develop and implement strategic plans

Evaluate the strategic plan you or another colleague developed whilst undertaking the unit - Develop and Implement Strategic Plans.

  Describe who will comprise your management team

BUS 485- Describe who will comprise your management team and what talents or skills each of the team members will bring to the organization. Include a simple organizational chart.

  Question 1a critically calculate the negative impacts that

question 1a critically calculate the negative impacts that international tourism may have on a destination economically

  A report on porters five force analysis for a company

a report on Porter's Five Force Analysis for a company

  Has starbucks strategy evolved as strategic vision hasevoled

Has Starbuck's strategy evolved as the strategic vision has evolved

  Create a powerpoint presentation about the marketing

create a powerpoint presentation about the marketing strategy for this relatively new product. your powerpoint

  Assess the recent acquisitions of your selected firm

Analyze your selected firm's approach to acquisitions by selecting two of its recent acquisitions. Describe the acquisitions

  Explain how you would evaluate the outcomes

Strategic Quality and Systems Management - Identify an improvement (strategic quality change) that could be made to improve quality performance.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd