Crashing Schedule

Crashing Schedule - START A/3w C/5w F/3w Crashing the...

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Unformatted text preview: START A/3w C/5w F/3w Crashing the Schedule FI NI SH D/4w On May 1, Jim Johnson sent a memo to his boss, the director of the project management, E/2w stating that X project would require 13 weeks for completion according to the figure below. B/5w [Note w represents weeks] Jim realized that the customer wanted the job completed in less t ime. After discussion with the functional managers, Jim developed the table below. Activity Normal Time (duration) Cost Crash (accelerated) Time (duration) Cost A B C D E F 3 5 5 4 2 3 6,000 12,000 16,000 8,000 6,000 14,000 $62,000 2 4 3 2 1 1 8,000 13,500 22,000 10,000 7,500 20,000 According to the contract, there is a penalty payment of $5,000 per week for every week over six. What should Jim do? What is the minimum amount of additional funding Jim should request (in addition to $62,000 Normal)? ...
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This note was uploaded on 05/28/2010 for the course CVEN 349 taught by Professor Damjanovic during the Fall '09 term at Texas A&M.

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