2 reducing k by 3 days results in cost increase of

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2. Reducing K by 3 days results in cost increase of $5,100 making 1 path critical. 3. Reducing A by 2 and K by 1 day results in cost increase of $4,100 making 1 path critical. 4. Reducing A by 1 day and K by 2 days results in cost increase of $4,600 making 1 path critical. 5. Reducing A by 2 days and D, J, H by 1 day respectively results in cost increase of $4,100 making 1 path critical each time. 6. Reducing D, J and H each by1 day results in cost increase of $5,100 making 1 path critical. Since we need to reduce the time by 3 days and each day will cost $700 my suggestion will not change since overhead cost will always remain same. Now if we had crashed the project by less than 3 days or more than 3 days then I might have had a different opinion. If we decreased the project time by 1 or 2 days the difference in cost will have had come into account. So to conclude I still think crashing A by 2 days and J by a day is still a good option if they want to reduce the project time by 3 days. It is the safest and relatively cost effective as compared to the other options they have. 3-2. You work for LL Company, which manufactures high-end optical scopes for hunting rifles. LL Company has been the market leader for the past 20 years and has decided to 18
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HW -7 IE5411 Sunny Ahmed diversify by applying its technology to develop a top-quality binocular. What kind of project management structure would you recommend they use for this project? What information would you like to have to make this recommendation, and why? LL Company is already well known for its high end optical scopes for hunting so when they decided to make top-quality binoculars I would recommend them to use a Functional Organization structure. One of the advantages of this kind of structure is effective us of collective experience and facility which LL Company has through their earlier development of the optical scope. They have people and resources in the organization that will form a good platform to launch this project. I will talk to all the functional managers and ask them to gather as much information as possible about the optical scope project. I would like to have a look at the details of the optical scope project as in the detailed work break down structure and all the resources that were allocated for that project as well as the time and cost analysis. I would then try to create a WBS for the binocular project and roughly try to figure out the common areas in terms of technologies and personnel that can be reused in this project. Appropriate personnel will be required to do this. This analysis will be done at the work package level. Once the common areas are covered then will pursue the analysis of the additional work that needs to be done. If I can do that I will already have an idea on how to make the best use of time, cost and resources. So the type of information I would require are WBS and OBS, cost accounts, resource cost and time analysis, project schedule and any additional direct or indirect cost that was required. A top to bottom analysis should be sufficient to begin with but would also require a bottom up analysis. I will need this information to justify that we can use a Functional structure
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