Homework Help is Here – Start Your Trial Now!
Business
Operations Management
2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash 1,200 1,800 1,700 1,500 1,900 A Nil A 2 4 C D 6. 7 600 400 700 4 С, D 4 3 500

2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash 1,200 1,800 1,700 1,500 1,900 A Nil A 2 4 C D 6. 7 600 400 700 4 С, D 4 3 500

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
See similar textbooks
icon
Related questions
Question
100%

SUBJECT PROJECT MANAGEMENT

Project network diagram (PND) is a graphical diagram of project schedule represented the whole activities conducted in a project. There are two types of PND used in managing project schedule that are arrow diagramming method (ADM) and precedence diagramming method (PDM).

2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash А Nil 2 1,200 1,800 1,700 1,500 1,900 600 400 700 В C 4 4 B В 7 E С, D 500
Transcribed Image Text:2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash А Nil 2 1,200 1,800 1,700 1,500 1,900 600 400 700 В C 4 4 B В 7 E С, D 500
Expert Solution
steps

Step by step

Solved in 3 steps with 3 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS