Scheduling For an organization, the following project schedule is given. Assume that all times are in days. TASK PREDECESSOR NORMAL TIME CRASH TIME CRASH COST SLOPE A NONE 7 7 NA B A 3 3 NA C A 8 4 600 D A 4 4 NA E B 6 5 600 F C,D 2 2 NA G E,F 6 6 NA H F 5 3 400 I G,H 4 4 NA J I 2 2 NA In a 3- to 4-page Microsoft Word document, address the following: Draw the AON project network using Microsoft Project, Microsoft Visio, or some other tool capable of creating such a network. Perform a critical path analysis for the network and calculate the ES, EF, LS, and LF times. Calculate the slack time for each activity. Identify the critical path. Assume that the organization will receive a $400 bonus for each day the duration of the project is shortened. The organization is also responsible for paying the crash cost associated with shortening the schedule. To maximize the net profit, identify which task you should crash and by how much. Support your responses with examples.
Assignment 2 Grading Criteria
Maximum Points
Created the AON project network.
10
Performed a critical path analysis for the network and calculated the ES, EF, LS, and LF times.
10
Identified the critical path through the network.
5
Calculated the slack time for each activity.
10
Identified the task you should crash to maximize the profit.
5
Identified the number of days by which you should crash this task in order to maximize your net profit.
5
Used correct spelling, grammar, and professional vocabulary. Cited all sources using APA format.
5
Total:
50