Question:
| ACTIVITY | ACTIVITY | ||||
|---|---|---|---|---|---|
| ACTIVITY | ACTIVITY PREDECESSOR | NORMAL (WEEKS) | CRASH (WEEKS) | NORMAL ($) | CRASH ($) |
| 1 | - | 20 | 8 | 1,000 | 1,480 |
| 2 | - | 24 | 20 | 1,200 | 1,400 |
| 3 | - | 14 | 7 | 700 | 1,190 |
| 4 | 1 | 10 | 6 | 500 | 820 |
| 5 | 3 | 11 | 5 | 550 | 730 |
A) Construct the project network.
See Also
How to Use Critical Path Method for Complete Beginners (with Examples)Publications - Capital Project Management, Inc.Critical Path Method in Project Management| Critical Path AnalysisPERT vs CPM: Difference Between PERT and CPM Techniques?B) Determine the maximum possible crash time for the network, and the crash the network the maximum amount possible.
C) Compute the normal project cost and the cost of the crashed project.
Networking
Networking refers to the transfer of data, facts and figures. For the organization, networking is used to analysis the time and cost incurred in the particular activity. The network analysis is sued to minimize the cost incurred and determine the maximum cost and duration of the activity.
See Also
How to Calculate Critical Path, Float, Early Start & Late Start, and Early Finish & Late Finish - .Answer and Explanation:
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A) Construct the project network.
B) Determine the maximum possible crash time for the network, and the crash the network the maximum amount...
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