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Unformatted text preview: “ 4 “ $200 Suppose the benefit arising from reducing the project duration is $500/day. Which tasks should be crashed, and by how much? What is the total net benefit? 5. The budgeted costs for a project are as given below: Task Predecessor Duration Budgeted Costs A-2 weeks $10,000 B-3 “ $30,000 C A 1 “ $3,000 D B 3 “ $6,000 E B 2 “ $20,000 F C, D 2 “ $10,000 G E 1 “ $8,000 Develop a weekly budget for the project. 6. The above project is monitored at the end of 4 weeks for cost control purposes. Assume task A is delayed by 1 week; also, it is now estimated that task C will require a total of 2 weeks. All other tasks are on schedule. Actual expenses to date are shown below. Task Actual Expense A $12,000 B $30,000 C $1,000 D $2,000 E $11,000 F-G-Find the % complete for each task. Establish the budget variance for each task and for the entire project....
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- Fall '07
- Pessimism, Critical path method