What are the normal project completion time

Assignment Help Project Management
Reference no: EM13160934

ABC Construction is designing a new highway project. Shown below are the activities that need to be completed in this project. The Crash Time for an activity represents the resulting time after the activity has been crashed. The Normal Cost represents the cost to complete the activity in the Normal Time. The Crash Cost represents the cost to complete the activity in the Crash Time.

In addition to the costs identified below, there are indirect costs of $300 per week. In addition, there a penalty cost of $500 per week for each week the project lasts beyond week five.

Activity Predecessor Normal Time (Weeks) Crash Time (Weeks) Normal Cost Crash Cost

A -- 4 3 800 1200 B A 3 2 900 1000 C A 5 3 1250 2250 D A 2 2 800 800 E B,C 5 4 1500 2000 F C,D 6 5 2000 3000 G E,F 4 3 600 900

H G 3 3 900 900

As with the other test problems, you must show your work to receive full credit.

a) What are the normal project completion time and the critical path?

b) What activity should be crashed to reduce the completion time found in a) by one week? Why?

c) What is the minimum cost schedule for this project and what is the cost of this schedule?

d) What is the project completion time if all activities are crashed to their minimum Crash Time?

Reference no: EM13160934

Questions Cloud

Calculate the rate of transport by filtration : calculate the rate of transport by filtration and diffusion of asmall water soluble, but lipid insoluble solute, such as glucose.the diffusivity of glucose (D) is 0.91 x 10-5cm2 sec-1 and its molecular radius 0.36nm.
What is the half life for the reaction if decrease : what is the half life for this reaction B) how long will it take for the concentration of SO2Cl2 to decrease to 25 percent of its initial concentration C) if the inital concentration of SO2Cl2 is 1.00 M
Did the stock market crash cause the great depression : Did the stock market crash cause the Great Depression? How did Roosevelt's philosophy of government differ from Hoover's? What setbacks caused FDR to launch a second New Deal?
Why is it preferable to count each colony : Why does the Plate count determines the concentration ofviable cells?
What are the normal project completion time : What are the normal project completion time and the critical path and what activity should be crashed to reduce the completion time found in by one week
What do all of these taxa have in common : Give the example of a non-vascular plant, a vascular spore producing plant, a cone-bearing plant, and a flowering plant. What do all of these taxa have in common? How are they different?
Democratic and federalists-republicans : What do you see as the primary issue that led to the formation of a two-party system (Federalists and Democratic-Republicans)? Do you think the influence on the U.S. political system was generally positive or negative? Why?
Compute kc for the reaction : calculate Kc for the reaction below: 2P(g)+ 5Cl2(g) 2PCl5(g) The answer provided is 240. Why is that?
Why does not liver phosphorylase respond to energy charge : In muscle phosphorylase, binding of ATP makes the protein tendto be in the T state, while binding of AMP makes the protein tendto be in the R state.

Reviews

Write a Review

Project Management Questions & Answers

  Various aspects of leadership traits and skills

Write a report to elaborate on the various aspects of leadership traits and skills. Also provide a minimum of three reference sources from the Internet.

  How should a project manager or team go

How should a project manager or team go about managing changes to the Project Scope Document and what are the points and pitfalls that should be kept in mind?

  What is the severity of this change

What is the requested change and what is the severity of this change - what is the severity of this change

  Making short-term pricing decision

What additional costs must be taken into account when making a short-term pricing decision where surplus capacity is not available, and overtime, additional shifts, or other means must be used to expand capacity?

  Estimating a project-s time and costs

As project manager, what would you do to estimate a project's time and costs when there are so many unknowns?

  Minimum yearly cash inflow of company with project

If Etsitty requires a 14% return on its investment, what minimum yearly cash inflow will be necessary for the company to go forward with this project?

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Communication and a new strategy

How and to what extent will information be shared throughout the organization regarding the new strategy

  Calculating completion time for the project

Calculate the completion time for the project. (Completion time = weeks)

  Different types of communication

How would you define in your own words, the active and passive voice. Give an example of each and explain when each should be used - Find some technical terms that would communicate effectively to others in the same field but would need to be clari..

  Give olaf a plan of action for the future

Give Olaf a plan of action for the future that attacks the problem. Be specific and provide examples that relate to Wireless Telecom Company.

  Scheduling and project management of dell

Scheduling and Project Management of Dell - What are the difficulties or limitations for implementing PERT and CRM in Dell

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