Welcome to your Project Management – Part 2
1.
Critical path of a project is the shortest path on the network diagram:
2.
In case of R&D type of projects which estimation technique is used?
3.
Consider the following data for a project:
Activity A B C D E F G H I J K
Activity Time (Days) 3 4 5 4 7 2 4 6 4 3 3
Immediate Predecessor – – – – A B,C,D E,F F G G H
Draw the network diagram and calculate the critical path for this project
4.
Which of the following is a schedule compression technique for projects:
5.
Following are the precedence requirements, normal and crash activity times, and normal and crash costs for a project.
Activity A B C D E F G H I
Immediate Predecessor – A A B B,C C E,F D,E H,G
Normal Time (wks) 4 3 2 5 1 3 4 4 6
Crash Time (wks) 2 2 1 3 1 2 2 1 5
Normal cost ($) 10000 6000 4000 14000 9000 7000 13000 11000 20000
Crash cost ($) 11000 9000 6000 18000 9000 8000 25000 18000 29000
If you have to shorten the project by 3 weeks, what would the Final total cost be?
