Question (24 marks) Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Activity

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Question (24 marks) Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Activity

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Question 24 Marks Consider The Information Below For A Project And Answer The Questions Show Your Workings Activity 1
Question 24 Marks Consider The Information Below For A Project And Answer The Questions Show Your Workings Activity 1 (42.6 KiB) Viewed 86 times
Question (24 marks) Consider the information below for a project and answer the questions (SHOW YOUR WORKINGS). Activity A 8 с D E Time 4 days 3 days 3 days 2 days 7 days 5 days 2 days 1 day 5 days 4 days 9 days 7 days a. What is the project completion date? (6 marks) b. What is the cost of completing the project in normal time? (2 marks) F G Normal marks) Cost $1,000 5,000 750 3,500 500 2,000 4,500 Crashed Time 3 days 3 days (4 marks) Cost Predecessor $2,000 5,000 1,200 5,000 2,000 3,000 6,300 c. If you wish to reduce the project completion date by one (1) day, i. Which activity should be crashed and (3 B A A, C B D, E, F ii. how much will this increase the project? (3 marks) d. If you wish to reduce the project completion by three (3) days, i. Which activity (activities) should be crashed and (4 marks) ii. how much will this increase the project? e. Which activity will not be able to be crashed? (2 marks)
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