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2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash 1,200 1,800 1,700 1,500 1,900 A Nil A 2 4 C D 6. 7 600 400 700 4 С, D 4 3 500

2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash 1,200 1,800 1,700 1,500 1,900 A Nil A 2 4 C D 6. 7 600 400 700 4 С, D 4 3 500

Practical Management Science
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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SUBJECT PROJECT MANAGEMENT

Project network diagram (PND) is a graphical diagram of project schedule represented the whole activities conducted in a project. There are two types of PND used in managing project schedule that are arrow diagramming method (ADM) and precedence diagramming method (PDM).

2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash А Nil 2 1,200 1,800 1,700 1,500 1,900 600 400 700 В C 4 4 B В 7 E С, D 500
Transcribed Image Text:2. As project manager, you need to reduce the project duration as requested by the client. To make an informed decision, the client need to know the maximum costs to be incurred and the total activity duration that can be minimized. Given the following table of activities, indicate the maximum costs to be incurred and the new project duration for the client. Activity Predecessor Activity Duration Maximum Costs of normal Additional Crash Duration activity Allowed Costs / day to crash А Nil 2 1,200 1,800 1,700 1,500 1,900 600 400 700 В C 4 4 B В 7 E С, D 500
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