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:a) Activity that should be orashed first to reduce the project duration by 1 day isb) Activity that should be crashed next to reduce the project duration by one additional day isc) Total cost of crashing the project by 2 days = S(Enter your response as an integer)NormalActivity Time (days)ABC7411Crash NormalTime (days) Cost$8,000$1,200$4,200629Total CostwithCrashing Immediate Predecessor(s)$6,500$3,000$6.200AB

A network diagram shows the link between each task and the duration taken by each activity with…

Answered: Activity that should be crashed first…

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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The client of a project has requested the project team to crash 8 hours of time. The table below provides the necessary information about the possible project crashing. (a) What is the crash cost for 8 hours of time-savings? (b) Assume the team calls the client and asks for a project extension, reducing the amount of time they need to crash. The project team has a $20 crash budget. Is the budget sufficient to crash 4 hours of time? Activity Normal Duration (hours) Normal Cost ($) Crash Duration (hours) Crash Cost (S) Immediate Predecessors A 2 10 2 0 None B 3 15 2 23 A C 5 25 4 30 B D 3 20 1 24 C E 6 30 4 45 C F 1 5 1 0 E G 7 35 6 50 F H 10 50 7 80 D, G
Limbo Technologies has embarked on another project that has an estimated completion time of 40 weeks and a standard deviation of 5 weeks. It is estimated that the project completion time is normally distributed. i)What is the probability of finishing the project in 38 weeks or less? ii)The due date for the project is set so that there is a 90% chance that it will finish by this date. What is the due duration? ACTIVITY PREDECESSOR NORMAL TIME (WEEKS) CRASH TIME (WEEKS) NORMAL COST ($) CRASH COST ($) A - 4 2 1000 1600 B - 6 3 3000 3500 C A 3 1 2500 3000 D A,B 6 5 1500 1850 E D 4 2 3500 4200 F C 4 3 2250 3000 G D 3 2 1900 2500 H F,G,E 2 1 400 500
What is the minimum cost of crashing the following project that Roger Solano manages at Slippery Rock University by 4 days? Normal Cost $800 $200 $600 $750 $1,200 Normal Crash Activity Time (days) Time (days) 4 3 8 6 The total cost of crashing the project by 4 days is $ ABCDE 487 355 (Enter your response as a whole number.) Total Cost with Crashing Immediate Predecessor(s) $1,500 $1,650 By how many days should each activity be crashed to reduce the project completion time by 4 days? Fill in the table below. (Enter your responses as whole numbers.) Each Activity Should be Reduced BY (days) Activity A B C D E $1,100 $600 $650 A C
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 ---
You are given the following data for an activity: ES = 10 EF = 15 LS = 16 Which of the following can you determine from this data? A. The activity's float and duration B. Only the activity float C. Only the activity duration D. Neither the activity's float nor its duration
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: 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.)
A company is willing to develop their rocket before the end of current financial year which is now 28 weeks away. The chief engineer of the company has decided to use PERT technique in order to plan, schedule and control program of development for the data given in table below. What is the probability that the program will be completed by the end of the current financial year? (all durations are in weeks). (i) G) Optimum Duration Most likely duration Pesimistic duration 1 2 3 8 13 3 2 8 4 3 8 10 4 7 10 3 6. 3 8 4 9 10 4 8. 4 9. 5 7 9. 12 6. 5 11 7 9. 14 8 4. 00 2.
Problem Statement: Project Control and Monitoring You are working on a manufacturing project having a budget of PKR 3,600,000 and expected time of its completion is one year. There is an ideal condition that your budget and work are evenly spread across the duration of the project that is twelve month. At the end of forth month, the senior management has called a meeting and invited all the stakeholders to brief about the status of the project. You being the PM of this project is giving the presentation to all the attendees and informed that project is on schedule and PKR 1,800,000 have already been spent on the project. Required: Calculate Cost and Schedule Variance What is SPI and CPI of the project? Estimate at completion and Estimated time to complete?
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 A B C Normal Time Crash Time Normal (days) (days) Cost 7 6 4 11 2 9 $5,000 $1,400 $4,000 Total Cost with Immediate Crashing Predecessor(s) $5,600 $3,300 $6,400 a) Activity that should be crashed first to reduce the project duration by 1 day is A b) Activity that should be crashed next to reduce the project duration by one additional day is A B A B C ect: 0
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 D Total Cost with Normal Time Crash Time Normal Immediate Activity (weeks) (weeks) Cost Crashing Predecessor(s) A 4 3 $2,000 $2,650 B 2 1 $2,300 $3,100 TTTT C 3 3 $750 $750 D 8 4 $2,300 $2,580 A E 6 3 $1,000 $1,300 B F 3 2 $3,000 $4,400 C G 4 2 $1,600 $2,000 D, E a) Based on the given information regarding the activities for the project, the project length = weeks. b) The total cost required for completing this project on normal time = $ ▼ c) For reducing the duration of the project by one week, the activity that should be crashed first is activity The cost of the project based on the first activity selected for crashing will increase by $ weeks. d) The maximum weeks by which the project can be reduced by crashing = Total cost of crashing the project to…
Mangement Project management is a discipline that involves planning, organizing, and overseeing the execution of a project from initiation to completion. It encompasses defining project goals, outlining tasks, allocating resources, and managing budgets and timelines. A successful project manager must possess strong leadership skills, effective communication, and the ability to mitigate risks and solve problems efficiently. Collaboration among team members is crucial, as is the flexibility to adapt to unexpected challenges that may arise during the project lifecycle. Continuous monitoring and evaluation ensure that the project stays on track, meeting objectives and delivering value to stakeholders. Question: How can project managers encourage effective collaboration and communication among team members to ensure the successful and timely completion of a project?
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Activity that should be crashed first to reduce the project duration by 1 day is Activity that should be crashed next to reduce the project duration by one additional day is Total cost of crashing the project by 2 days =$(Enter your response as an integer)