Exam 10: Project Scheduling: Lagging, Crashing, and Activity Networks

A project has the activity duration and cost information indicated in the table where all times are in weeks. There is a penalty of $250 per week for every week the project extends beyond 32 weeks. What is the cost of the least expensive project possible?

Consider the project described by the table where all durations are in days and the costs in dollars. What is the minimum cost of completing this project in 150 days?

What information is NOT included in the nodes for an AOA network?

Determine early start and early finish times for all activities in this network. Activity duration in days appears under each arrow.

Networks would NOT be well suited for:

A project has the activity duration and cost information indicated in the table where all times are in weeks. For every week longer than 30 weeks, there is a penalty of $300. What is the highest total cost for completing this project?

When involved in a project involving many subcontractors:

Use the information in the table (all times are in days) to determine the lowest total cost for a 20-day project if the base cost for each activity finished in normal time is $1,000.

Consider the Gantt chart shown below where the time scale is in minutes and all activities are performed on an early start basis. How much slack is available in The Great Hair Washing project?

What is a Gantt chart, what information does one provide, and what are the benefits of using one?

What is the early start time for activity C if it has the start to start relationship shown?

What are the strengths and weaknesses of AOA and AON techniques?

Mick has a project consisting of eight activities as listed in the table (with durations in days). He assigned his intern Guinness to sketch a network diagram in AOA and Guinness produced the sketch shown below. Determine the early and late start and finish times for all of these activities.

What is the minimum completion cost of this project if there is a penalty of $1,000 for each day the project lasts longer than 27 days? Activity durations in days and crash costs in dollars are given in the table.

A project has the activity duration and cost information indicated in the table where all times are in weeks. What is the lowest total cost for completing this project in 35 days?

Which statement about this Gantt chart is BEST?