The time and cost values for the project below are shown on the following page. a) Using the time-cost trade-off process shown in class, determine the logical steps to reduce the following project to its shortest duration. Use the tables provided on the following page. b) Draw bar charts for the project for both i. the normal project duration, and ii. the crash project duration. c) Draw a graph (time vs. $) showing the cumulative cost profiles for both the normal project duration and the crash project duration.
The time and cost values for the project below are shown on the following page. a) Using the time-cost trade-off process shown in class, determine the logical steps to reduce the following project to its shortest duration. Use the tables provided on the following page. b) Draw bar charts for the project for both i. the normal project duration, and ii. the crash project duration. c) Draw a graph (time vs. $) showing the cumulative cost profiles for both the normal project duration and the crash project duration.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
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Question
The time and cost values for the project below are shown on the following page.
a) Using the time-cost trade-off process shown in class, determine the logical steps to reduce the following project to its shortest duration. Use the tables provided on the following page.
b) Draw bar charts for the project for both
i. the normal project duration, and
ii. the crash project duration.
c) Draw a graph (time vs. $) showing the cumulative cost profiles for both the normal project duration and the crash project duration.
Transcribed Image Text:A
5
Activity
#
A
B
C
D
E
F
G
H
Cycle #
0
1
2
3
4
5
6
7
8
9
10
Time
Normal
5
10
6
8
9
6
9
5
Activity
to
Shorten
B
10
6
8
Time
Crash
5
7
4
6
5
5
7
4
Can be
Shortened
Cost
Normal
$100
$500
$300
$400
$200
$100
$320
$410
nil
Cost
Crash
$100
$560
$400
$600
$320
$140
$400
$500
Days
Shortened
E
9
F
6
9
H
5
Time
Cost
Slope
Difference Difference $/Day
Cost Cost for Total Cost
per Cycle
Day
Project
Duration
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