Project_Management_Example

Project_Management_Example - 3 $200 7 4 3 $15,000 $22,000 1...

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Task Activity Predecessors 1 - 3 2 Lay foundation 1 2 3 Order materials 1 1 4 Build house 2,3 3 5 Select paint 2,3 1 6 Select carpet 5 1 7 Finish work 4,6 1 1 3 Start Duration (Months) Design house and obtain financing
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Task Id Duration ES EF LS LF 2 2 4 3 3 1 5 1 6 1
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7 1 End
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Time Estimates Activity E(x) Var 1 6 8 10 2 3 6 9 3 1 3 5 4 2 4 12 5 2 3 4 6 3 4 5 7 2 2 2 8 3 7 11 9 2 4 6 10 1 4 7 11 1 10 13 Optimistic Time (a) Most Likely Time (m) Pessimistic Time (b)
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Activity Crash Cost 1 12 7 $3,000 $5,000 5 $400 2 8 3 $2,000 $3,500 3 $500 3 4 3 $4,000 $7,000 1 $3,000 4 12 9 $50,000 $71,000 3 $7,000 5 4 1 $500 $1,100 3 $200 6 4 1 $500 $1,100
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Unformatted text preview: 3 $200 7 4 3 $15,000 $22,000 1 $7,000 $75,000 $110,700 2 12 12 1 12 Start 12 12 3 12 16 Original critical path: 1 - 2 - 4 - 7 Project duraction is 36 weeks Can we crash to 32 weeks. At what minimal cost? Normal Time Crash Time Normal Cost Total Allowable Crash Time Crash Cost Per Week 8 4 12 20 20 32 20 20 32 7 32 32 4 5 4 6 4 16 20 24 24 28 20 24 28 28 32 4 36 End 36...
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This note was uploaded on 09/24/2010 for the course BU 628 taught by Professor Dr.tapp during the Spring '10 term at Georgian.

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Project_Management_Example - 3 $200 7 4 3 $15,000 $22,000 1...

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