Time-cost cpm scheduling model analysis


Problem: The data for a Time-Cost CPM Scheduling model analysis are given below. The times are in days. What is the minimum cost to complete this project in 14 days? (Hint: This problem requires crashing).

Activity Immediate Predecessor Normal Time Crash Time Normal Cost Crash cost
A None 4 2 2000 4000
B A 4 3 3000 6000
C A 2 1 2000 2500
D B and C 4 2 5000 5600
E D 3 1 6000 9000

Solution Preview :

Prepared by a verified Expert
Project Management: Time-cost cpm scheduling model analysis
Reference No:- TGS01768613

Now Priced at $20 (50% Discount)

Recommended (91%)

Rated (4.3/5)