The following Table 1 (below) contains a list of activities, with precedence requirements and crash costs for a project that is to be completed by Present Technologies Limited (PTL). Table 1 Activity Predecessor Activity or Activities Normal Time (days) Crash Time (days) Normal Cost ($) Crash Cost ($) A __ 2 1 1,000 2,000 B __ 7 4 800 4,300 C __ 5 3 2.000 7,000 D B, C 4 3 1.500 2,750 E A 6 2 1.250 15,250 F B, E 7 2 2,500 10,000 G D 6 3 2,000 8,000 H F, G 3 1 4,000 10,000 (ii) You are PTL’s Project Manager for this project and you have been asked to reduce the project completion time by three (3) days. Assume a linear cost per week shortened, and show step by step, how you arrived at your answer? Please assist me in answering this question above.
QUESTION 1
a. The following Table 1 (below) contains a list of activities, with precedence requirements and
crash costs for a project that is to be completed by Present Technologies Limited (PTL).
Table 1
Activity Predecessor
Activity
or
Activities
Normal
Time
(days)
Crash
Time (days)
Normal Cost ($)
Crash Cost ($)
A __ 2 1 1,000 2,000
B __ 7 4 800 4,300
C __ 5 3 2.000 7,000
D B, C 4 3 1.500 2,750
E A 6 2 1.250 15,250
F B, E 7 2 2,500 10,000
G D 6 3 2,000 8,000
H F, G 3 1 4,000 10,000
(ii) You are PTL’s Project Manager for this project and you have been asked to reduce the
project completion time by three (3) days. Assume a linear cost per week shortened, and show
step by step, how you arrived at your answer?
Please assist me in answering this question above.
Step by step
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