Two activities on the same critical path are candidates for crashing on a CPM network. Activity details are in the table below. To cut one day from the project's duration, activity. should be crashed first, adding. to project cost. Activity Normal Time Normal Cost Crash Time Crash Cost One Two 8 days 10 days $6,000 $4,000 7 days 8 days $6,800 $5,000
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- There are four critical paths in a network. A-B-C-D-E, A-F-G-E, A-H-J-K-L-E and A-S-T-E. Activties G, H, J, K, S and L can be crashed by 125 days. The maximum possible reduction in the project duration will be: a. Insufficient information b. 250 days c. 125 days d. 0 days e. 750 daysThree activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Total Cost Normal Time Crash Time Normal with Immediate Activity (days) (days) Crashing $6,500 $3,300 $6,000 Cost Predecessor(s) 7 $6,000 B $1,400 $4,000 A 11 a) Activity that should be crashed first to reduce the project duration by 1 day is b) Activity that should be crashed next to reduce the project duration by one additional day is c) Total cost of crashing the project by 2 days = $. (Enter your response as an integer.)Three activities are candidates for crashing on a project network for a large computer installation (all are, of course, critical). Activity details are in the following table: Activity Normal Time (days) Crash Time (days) Normal Cost Total Cost with Crashing Immediate Predecessor(s) A 6 $6,000 $6,400 B $1,200 $3,000 C 11 $4,000 $6,000 a) Activity that should be crashed first to reduce the project duration by 1 day is b) Activity that should be crashed next to reduce the project duration by one additional day is c) Total cost of crashing the project by 2 days = $_____ (Enter your response as an integer.) 7 4 2 9 A B ---
- I only need help with D,E,F ONLY PLEASE!! Office Automation Inc., developed a proposal for implementing a software system that will standardize the accounts payable function by automatically issuing an electronic payment upon receipt of the vendor invoice. Contained in the proposal is a list of activities that must be accomplished to complete the project. The following table contains relevant information about the activities. Time (weeks) Cost ($1,000s) Activity Description ImmediatePredecessor Normal Crash Normal Crash A Plan needs 10 8 30 70 B Order equipment A 8 6 120 150 C Install equipment B 10 7 100 160 D Set up training lab A 7 6 40 50 E Conduct training course D 10 8 50 75 F Test system C, E 3 3 60 (a) Develop a project network. A project network with 8 activities and 8 directed arcs is shown. Activity Start is connected to activity A. Activity A is connected to activity B and to activity C. Activity B is connected to activity D. Activity C…Create a risk matrix in the style of Figure 17.13 for this project. Use a vertical scale of $0 to $80.Which event should the project manager be most concerned about?Event Probability Cost ($000)1 .25 152 .35 253 .20 554 .80 105 .10 776 .40 557 .60 50In reference to the attached image and data below: Step A we learned: Critical Path = A, B, H, I, J; Project Time = 40 Weeks; Total Cost = 364,000 Step B we learned: To crash the critical path I would crash A by 1 week, B by 2 week, H by 2 week and C by 3 week. This would not alter the critical path, only the time line. Steps C we learned: Modeling uncertainty in activity times. In this case I would use the activity times and determine the Variances and the Standard Deviation. Using “best case” (x) and “worst case” (y) scenarios for activity times the formula’s would be (x-y)/6 and (x-y)^2/36. What are the final recommendations for this case?
- For this assignment, you will design a risk management plan for a project titled “prolonged waiting times for patients in a large outpatient hospital” that will include the following elements: Risk Register/Matrix (list of at least 5 (five) risks along with the associated impact and probability scores along with risk score) Contingency plan (list of any risks you will plan for in advance along with what triggers the contingency). Be sure to include any information useful to stakeholders on the rationale for the creation of these elements as well as any outside references supporting the risk management plan.Development of Version 2.0 of a particular accounting software product is being considered by Jose Noguera's technology firm in Baton Rouge. The activities necessary for the completion of this project are listed in the following table: Normal Crash Activity Time (weeks) Time (weeks) A B с D E F G 4 2 3 8 6 3 4 3 1 3 4 3 2 2 a) Based on the given information regarding the activities for the project, the project length = Normal Cost $2,000 $2,300 $600 $2,300 $900 $3,200 $1,500 weeks. Total Cost with Crashing Immediate Predecessor(s) $2,650 $2,900 $600 $2,600 $1,200 $4,400 $1,900 A B C D, EHi, I need help answering the last question. Rob Smith is managing a small project at Boston University. He is under pressure to shorten the overall duration of the project by 4 weeks and he wants to do so at the lowest cost possible. In order to meet this objective a number of activities must be crashed. Activity Normal Time (weeks) Crashed Time (weeks) Normal Cost Crashed Cost Predecessor(s) A 5 3 $800 $1,200 - B 6 5 $300 $450 - C 6 5 $550 $775 - D 3 2 $750 $950 A E 6 3 $1,350 $2,250 C F 5 3 $675 $875 B What is the total cost of crashing the project 4 weeks (just the additional cost, not total project cost)? (Display your answer to two decimal places.)
- Consider the following network for conducting a two-week (10 working days) computer training class: please refer to the picture I uploaded Find the crash cost per day. Which activities should be crashed to meet a project deadline of 10 days with a minimum cost? Assume partial crashing. Find the new cost. Is partial crashing an appropriate assumption in this kind of project?Using the information provided in the table, the network diagram and the project completion time = 25 weeks, reduce the completion time of the project by 3 weeks in the most economical way. Activity NormalTime(weeks) NormalCost ($) CrashTime(weeks) CrashCost ($) MaximumweeksReduced CrashCost perWeek ($) A 3 500 2 900 1 400 B 4 600 3 700 1 100 C 6 800 3 1,286 3 162.00 D 6 1,500 4 2,150 2 325 E 6 1,750 4 2,250 2 250 F 5 1,200 5 1,200 0 0 G 7 1,500 5 1,794 2 147 H 3 500 3 500 0 0 Reduce G by select a number of (1-4) week(s), C by select a number (1-4) of week(s), at a cost of $ __________ enter a dollar amount .The expected number of days to completion for a different project is E(x) = 3.32 The variance of days to completion is var(x) = 1.22 The project cost involves A fixed cost (in thousands of dollars) of FC = $83.783 A variable cost for each day taken to complete the project ($000) VC = $9.774 14 The expected value of the project cost is $_______ thousand. a 109.364 b 112.746 c 116.233 d 119.828