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PRM3701 ASSESSMENT 4 (616607) SEMESTER 2 2023
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PRM3701 Assignment 6 Semester 2 2024 | Due 1 October 2024
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Question Bank in line with Project Management The Managerial Process,Larson,7e
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Official© Solutions Manual to Accompany Project Management The Managerial Process,Larson,7e
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Question text
Consider the following table of activities that describes a project network. Without
causing the critical path to become noncritical or otherwise wasting money, by how
many days max could you crash this project? Assume you can crash only one activity at
a time and that crashing is necessary regardless of cost. You do not want to crash the
critical path(s) beyond the point where it (they) is no longer critical as this will not reduce
project duration.
Normal Crash
ActivityPredecessorsdurationdurationNormal costCrash cost
(days) (days)
A -- 10 5 R 1,000 R 3,000
B A 20 10 R 4,000 R 6,000
C A 5 4 R 2,000 R 4,000
D B, C 3 2 R 1,000 R 2,000
E B, C 20 10 R 5,000 R 10,000
F B, C 4 3 R 3,000 R 4,000
G D, E, F 10 5 R 2,000 R 5,000
a. From 60 days to 50 days
b. From 60 days to 40 days
c. From 60 days to 30 days
d. From 60 days to 20 days
e. From 60 days to 10 days
Question text
An activity's normal time and cost are 10 and R120, respectively. Its estimated crash
time and cost are 7 and R180, respectively. What is this activity's crash cost per time
unit?
a. R20
b. R30
c. R40
d. R50
e. R60
Question text
When crashing a schedule, this may set in when a least-cost method is used.
a. Increased risk
b. Fatigue and resentment
c. Increased cost
d. Decrease in available management reserve
e. Reduced quality
Question text
A project manager just received the following information on her project: PV = 300, EV =
300, AC = 200. In terms of cost at completion,
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