It costs euro1000 to reduce the duration of an activity by


(a) Analyse the timing and resource use of the project described by the following values.

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(b) It costs €1,000 to reduce the duration of an activity by 1. If there is €12,000 available to reduce the duration, what is the shortest time the project can be completed within? What are the minimum resources needed by the revised schedule?

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Finance Basics: It costs euro1000 to reduce the duration of an activity by
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