[Project Management] Because a housing project is running late, the developer will need to complete and deliver the houses as quickly as possible. You and your management team are responsible for mitigating the situation by including a time-cost trade-off analysis into the project. You will need to include the following: Normal Crash Activity Prior Days cost, RM Days cost, RM 7,000 7,000 8,000 8,000 B 14 6,000 12 11,000 B. 18 5,000 11 8,500 C,D 12 8,000 12 8,000 F 20 6,000 16 12,000 7,000 7,000 11 11,000 7 15,000 G, H 10 15,000 7 21,000 I,F 9,000 9,000
[Project Management] Because a housing project is running late, the developer will need to complete and deliver the houses as quickly as possible. You and your management team are responsible for mitigating the situation by including a time-cost trade-off analysis into the project. You will need to include the following: Normal Crash Activity Prior Days cost, RM Days cost, RM 7,000 7,000 8,000 8,000 B 14 6,000 12 11,000 B. 18 5,000 11 8,500 C,D 12 8,000 12 8,000 F 20 6,000 16 12,000 7,000 7,000 11 11,000 7 15,000 G, H 10 15,000 7 21,000 I,F 9,000 9,000
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...
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![[Project Management] Because a housing project is running late, the developer will need to
complete and deliver the houses as quickly as possible. You and your management team are
responsible for mitigating the situation by including a time-cost trade-off analysis into the
project. You will need to include the following:
Normal
crash
Activity
Prior
Days
cost, RM
Days
cost, RM
A
7,000
7,000
B
A
8,000
9
8,000
B
14
6,000
12
11,000
D
B
18
5,000
11
8,500
E
C,D
12
8,000
12
8,000
E
20
6,000
16
12,000
E
7,000
7,000
E
11
11,000
7
15,000
G, H
10
15,000
21,000
7
I, F
6
9,000
6
9,000
Construct a network diagram (PDM), including activity early start, late start, early finish,
late finish and float.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc6fd9825-e76b-45bd-b846-12cf22fa462f%2Fdc512bc2-d86b-43b7-809a-8a1865ff46e2%2Ffj7p205_processed.png&w=3840&q=75)
Transcribed Image Text:[Project Management] Because a housing project is running late, the developer will need to
complete and deliver the houses as quickly as possible. You and your management team are
responsible for mitigating the situation by including a time-cost trade-off analysis into the
project. You will need to include the following:
Normal
crash
Activity
Prior
Days
cost, RM
Days
cost, RM
A
7,000
7,000
B
A
8,000
9
8,000
B
14
6,000
12
11,000
D
B
18
5,000
11
8,500
E
C,D
12
8,000
12
8,000
E
20
6,000
16
12,000
E
7,000
7,000
E
11
11,000
7
15,000
G, H
10
15,000
21,000
7
I, F
6
9,000
6
9,000
Construct a network diagram (PDM), including activity early start, late start, early finish,
late finish and float.
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