Calculate the normal, least-cost, and crash durations forthe following project. Calculate the cost associated witheach duration. Indirect (overhead) costs are $120 per day.Activity IPA Duration (days) Cost (S)ABCDEFGH1JUABсDEFGFHIJNormal Crash Normal Crash537AA, B4B 16C,D6D 5F 8E, G4H. 1 3Activity Duration (days) cost37144266434531432Normal Crash Normal Crash5770 90070042434770 900660700800107010001110800 920560 630700 8101000500 580400 60053435843 21260660800 10701000 1110800 920560 630700 8101000 1260500 580400 600Adays Acost Acost Days Shortened/CycleAdays 123456789Days CutProject DurationIncreased Cost SDirect Cost $Overhead Cost STotal Cost S*Redraw table if space is needed*Page 3 of 4

Possible paths: ACFHJ = 5+7+6+8+5= 31 (critical path) ADFHJ = 5+ 4+6+8+5 = 28 BDFHJ = 3+4+6+8+5 = 26…

Answered: Calculate the normal, least-cost, and…

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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Create a risk matrix for this project:Event Cost ($000) ProbabilityEquipment breakdown 40 .20Vendor is late with key segment 200 .60Subcontractor has labor issues 140 .30Weather problems 15 UnknownFunding delays 50 .40 to .60Testing delays 20 .40Explain your reasoning for your placement of the events Weather problems and Funding delays.
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) 9 7 7 6 5 4 6 4 9 6 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) The minimum cost of crashing the following project at Sawaya Robotics by. 4 days is $ NORMAL COST 200 800 600 1,100 1,200 CRASH COST 300 875 675 1,300 1,875 IMMEDIATE PREDECESSOR(S) (enter your response as a whole number). A, B C
Consider the following project. Task Immediate Predecessors Optimistic Most probable Pessimistic Crash Time Normal Cost (100) Crash Cost (100) A - 5 6 7 4 10 19 B - 7 8 15 7 10 18 C A, B 3 4 5 2 15 27 D C 9 10 23 8 20 32 E C 8 10 12 7 50 80 F E 5 6 7 4 30 41 G C 5 6 19 5 80 102.5 H D, F, G 5 6 7 4 50 64 I D, F 3 6 15 4 100 124 J H 2 4 6 3 40 44 K I, J 3 4 5 3 50 55 Draw a project network Find the critical path and expected project completion time. Assuming that management desire a 21 weeks project completion time. What activity should be crashed? Activity schedule table after crashing. Find total project cost after crashing.
What is the minimum cost of crashing the following project at Sawaya Robotics by 4 days? NORMAL CRASH TIME (DAYS) TIME (DAYS) NORMAL COST 8 6 6 4 ACTIVITY Design (A) Wiring (B) Chip install (C) Software (D) Testing (E) 8 5335 400 1,000 600 1,000 1,100 CRASH COST 450 1,100 700 1,300 1,625 IMMEDIATE PREDECESSOR(S) A, B C The minimum cost of crashing the following project at Sawaya Robotics by 4 days is $900 (enter your response as a whole number).
The following represents a project that should be scheduled using CPM: TIMES (DAYS) ACTIVITY IMMEDIATE PREDECESSORS ABCDEFGH G H A A-D-G-H A-C-F-H B-E-G-H A-D-F-H A B C,D D, E F,G b. What is the critical path? a 1 1 1 2 3 3 1 2 m 3 2 2 3 4 4 4 4 D53341565 b 11
Q4) What Is Project Quality Management? Write briefly about the five Cost Categories Related to Quality .Describe about Quality Assurance.
Q4/ The table below shows the duration and direct costs for the activities of a construction project. It is required to caleculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 20% from direct cost. Normal Time (NT) Normal Cost (NC) S Crash Time Crash Cost Activity (CT) weeks (CC) S weeks A 6. 1000 3. 7000 В 4 9000 5 10000 C 3 6000 1 10000 D 4 8000 2. 11000 E 6. 1000 4 13000 5 6. D A 3 End Start 6. B E
Q6:write briefly but relevant answer a) PERT and CPM b) Risk Management and its types.
scenarios of a project activities (tables given below) and their required times to be completed in addition to their predecessors for developing a Website': Activity Description Duration (days) Preceding Activities A Determine user needs 8 В Review s/w and languages 4 C Purchase software 10 -- D Design format and style 10 В E Write programs 6. A F Review outcome product with user 12 C G Make revisions 4 C H Select server site 8 E I Install on server 14 D, F J Test 8. G, H, I 1. Draw the path. 2. Calculate the early finishing time (forwards calculations) 3. Highlight the total time to complete the project (days) 4. Calculate the late finishing time (backwards calculations) 5. Calculate the slack time of the non-critical path activities 6. Identify the critical path (highlight critical path activities) 7. what would happen if activity D revised to take 14 instead of 10 days?
D. The information related to project crashing is shown in the following table. Normal Crash Duration Normal Duration Crash Activity (hours) Cost (S) (hours) Cost ($) 2 10 2 10 B 3 15 2 23 C 25 28 20 24 6. 30 45 F 1 5 35 50 10 50 7 80 If we want to reduce the project duration by 3 hours, what will be the cost of crashing?
Activity normal durations, crash durations and cost Activity Normal Duration (weeks) Crash Duration (weeks) Normal Cost ($) Crash Cost ($) A-B 4 2 300,000.00 420,000.00 B-C 3 3 100,000.00 100,000.00 B-D 2 1 50,000.00 55,000.00 B-E 6 5 150,000.00 200,000.00 C-F 3 2 30,000.00 150,000.00 C-K 3 2 20,000.00 25,000.00 D-G 2 1 300,000.00 350,000.00 E-H 10 8 60,000.00 140,000.00 F-G 3 2 160,000.00 260,000.00 F-I 3 2 350,000.00 500,000.00 F-K 2 1 170,000.00 270,000.00 F-L 2 1 330,000.00 440,000.00 F-N 2 1 250,000.00 500,000.00 G-L 2 1 60,000.00 65,000.00 H-K 10 9 100,000.00 110,000.00 I-J 2 1 10,000.00 20,000.00 J-O 3 1 30,000.00 35,000.00 K-N 8 7 50,000.00 80,000.00 L-M 4 2 40,000.00 50,000.00 M-O 2 1 5,000.00 6,000.00 N-O 12 10 200,000.00 240,000.00 Note: The Crash duration represents the minimum duration where an activity is speeded up as much as possible. The crash cost represents the increased cost…
Which 10 risks are related to IT project management?

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