What is the optimum cost-time schedule for the project and, Ask an Expert

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Q1) Assume the network and data that follow. Compute the total direct cost for each project duration. If the indirect costs for each project duration are $400 (19 time units), $350 (18), $300 (17), $25 (16) compute the total project cost for each duratin. Plot the total direct, indirect and project costs for each of these durations on a cost-time graph. What is the optimum cost-time schedule for the project and the cost?

ID Slope Maximum Normal Normal
Crash Time Time Cost

a 20 1 3 50
b 60 2 5 60
c 40 1 3 70
d 0 0 10 50
e 50 3 6 100
f 100 3 7 90
g 70 1 5 50

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M9214619

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