The durations and direct costs for each activity under both normal and crash conditions are given in the following table. Establish the schedule and the least cost for expediting the contract. Determine the optimum cost of the contract assuming the indirect cost is 125 $/day. 1 2 3 4 5 6 7 8 9 ID Predecessor(s) 1 1 2 2 3 3,5 6 4,7,8 Normal Duration (days) 12 8 15 23 5 5 20 13 12 Cost (S) 7000 5000 4000 5000 1000 3000 6000 2500 3000 Crash Duration (days) 10 6 12 23 4 4 15 11 10 Cost (S) 7200 5300 4600 5000 1050 3300 6300 2580 3150
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![The durations and direct costs for each activity under both normal and crash conditions are given in the following table. Establish
the schedule and the least cost for expediting the contract. Determine the optimum cost of the contract assuming the indirect cost
is 125 $/day.
1
2
3
4
5
6
7
8
9
ID
Predecessor(s)
1
1
2
2
3
3,5
6
4,7,8
Normal
Duration (days)
12
8
15
23
5
5
20
13
12
Cost ($)
7000
5000
4000
5000
1000
3000
6000
2500
3000
Crash
Duration (days)
10
6
12
23
4
4
15
11
10
Cost ($)
7200
5300
4600
5000
1050
3300
6300
2580
3150](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1ea0d49d-113c-4bcf-8023-35ef3acf17d6%2Fbd9b7ebd-0b37-4278-a0a0-a3da3e8aa5a2%2Flr6pmva_processed.jpeg&w=3840&q=75)
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- The G&E Company is preparing a bid to build the new 47,000-seat Shoreline baseball stadium. The construction must start on Jan 01 2022, and be completed in time for the finals of the 2024 season. A penalty clause of $250,000 per week of delay beyond October 1st, 2024 is written into the contract. George Earnings, the president of the company, expressed optimism at obtaining the contract and revealed that the company could net as much as $3 million on the project. He also said if they succeed, the prospects of future projects are bright since there is a projected renaissance in building classic ballparks with modern luxury boxes. ID Activity Duration Predecessor(s) 1 Baseball Stadium 2 Clear stadium site 70 days — 3 Demolish building 30 days 2 4 Set up construction site 70 days 3 5 Drive support piling 120 days 4 6 Pour lower concrete bowl 120 days 5 7 Pour main concourse 120 days 6 8…The FWO has just made the winning bid of 54 million Rs. to construct a new Building. Company has assigned you to this project to help ensure that it stays on schedule. The contract includes the following provisions: • A penalty of 300,0000 Rs. if Project has not completed construction by the deadline 47 weeks. • To provide additional incentive for speedy construction, a bonus of 150,0000 Rs. will be paid to if the building is completed within 40 weeks. Estimated Duration Crew size Activity Activity Description Immediate Predecessors (Weeks) Norm, Min. A Excavate 2 B Lay the foundation A 4 3 Put up the rough в 10 6 3 wall D Put up the roof C 6 3 Exterior plumbing C 4 2 Interior plumbing 3 G Exterior siding D 3 Exterior painting E, G 9 3 Electrical work C 3 1 J Put up the F, I 4 wallboard K install the flooring J 4 4 2 L Interior painting J 4 2 Exterior fixtures Interior fixtures M H 2 1 N K, L 6 1 Develop a comprehensive plan based on AOA or AON diagram that includes answers to the…1.What is the point at which an owner can begin to occupy a building or use it for its intended purpose? At the end of the warranty period After final completion When the payment bond is terminated After substantial completion 2.What is used to determine periodic payment amounts on unit price contracts? Submitted invoices, receipts, and timesheets plus the contractor's fee. A fixed, monthly installment negotiated at the start of the project. Schedule of Values and percentage completion on each pay item Unit prices originally bid and quantities measured.
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