Q1. Based on the given table below, answer the questions. (40 points)Show all calculation steps in the answersActivityTime (weeks)Cost(KD)Max.CrashSlopeNormalCrashNorE21204900052000F1643700038000G191619000I1512220025000121011500is A C E F I Ja) 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 answersDirect CostsActiviySlopeMax.NormalCrashIDCrash TimeTimeCost ($)TimeCost ($)A51103170B61603280C1212010210D1411011200E82004300F10807170G71405240CPM is A C E F Ga) 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)1Project Management (MGT 400) Fall 2020
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