MGT400 4

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2020 – 2021

Fall 2020

Project Management MGT 400

Individual Assignment 1 (10%, Chapter 9)

( Please upload your assessment on Moodle using Individual Assignment-1 Turnitin submission link )

Student Name

Student ID

1

Section: O1/O2

Total Earned Points: /100

2

Project Management (MGT 400) Fall 2020

Please answer the following questions (100 points)

Q1. Based on the given table below, answer the questions. (40 points)

Show all calculation steps in the answers

Activity

Time (weeks)

Cost (KD)

Max. Crash

Slope

Normal

Crash

Normal

Crash

Time

A

9

8

24000

25000

B

12

10

36500

39500

C

13

11

24000

26000

D

24

21

44000

45500

E

21

20

49000

52000

F

16

14

37000

38000

G

19

16

63500

71000

H

26

23

16750

19000

I

15

12

22000

25000

J

12

10

11500

14500

CPM is A C E F I J

a) Calculate the Max. Crashing Time and Slope for each activity. (10 points)

b) Crash the project (reduce the duration) for 8 weeks. (15 points)

c) What is the total cost of the project before and after crashing? Explain the costs included in the calculation briefly. (10 points)

d) What is the Max. Crashing time for the overall of the project? Explain briefly (meaning that how many weeks you can perform crashing) (5 points)

Q2. Based on the given table below, answer the questions. (20 points)

Show all calculation steps in the answers

 

 

 

Direct Costs

Activiy

Slope

Max.

Normal

Crash

ID

 

Crash Time

Time

Cost ($)

Time

Cost ($)

A

5

110

3

170

B

6

160

3

280

C

12

120

10

210

D

14

110

11

200

E

8

200

4

300

F

10

80

7

170

G

7

140

5

240

CPM is A C E F G

a) Calculate the Max. crash time and slope (10 points)

b) Crash the project for 7 weeks, calculate the total cost before and after crashing (10 points)

Q3. What are the reasons behind of reducing (crashing) the duration? Explain and provide examples (20 points)

Q4. Discuss the cost structure for the reducing the project duration (crashing). Which cost is used for crashing the project? Explain why this cost is important to use for the crashing? (20 points)

1

Project Management (MGT 400) Fall 2020