MGT400 4
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 )
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Student Name |
Student ID |
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1 |
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Section: O1/O2
Total Earned Points: /100
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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
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Activity |
Time (weeks) |
Cost (KD) |
Max. Crash |
Slope |
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Normal |
Crash |
Normal |
Crash |
Time |
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A |
9 |
8 |
24000 |
25000 |
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B |
12 |
10 |
36500 |
39500 |
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C |
13 |
11 |
24000 |
26000 |
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D |
24 |
21 |
44000 |
45500 |
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E |
21 |
20 |
49000 |
52000 |
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F |
16 |
14 |
37000 |
38000 |
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G |
19 |
16 |
63500 |
71000 |
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H |
26 |
23 |
16750 |
19000 |
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I |
15 |
12 |
22000 |
25000 |
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J |
12 |
10 |
11500 |
14500 |
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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
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Direct Costs |
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Activiy |
Slope |
Max. |
Normal |
Crash |
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ID |
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Crash Time |
Time |
Cost ($) |
Time |
Cost ($) |
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A |
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5 |
110 |
3 |
170 |
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B |
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6 |
160 |
3 |
280 |
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C |
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12 |
120 |
10 |
210 |
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D |
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14 |
110 |
11 |
200 |
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E |
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8 |
200 |
4 |
300 |
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F |
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10 |
80 |
7 |
170 |
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G |
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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)
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1 |
Project Management (MGT 400) Fall 2020 |