Development of a new deluxe version


Question: Development of a new deluxe version of a particular software product is being considered. The activities necessary for the completion of this are listed in the table below.

Activity    Normal Time    Crash Time    Normal Cost    Crash Cost    Immediate Predecessor
A    4    3    2,000    2,600    -
B    5    3    2,200    2,800    -
C    3    3    500    500    -
D    8    4    2,400    2,600    A
E    6    3    900    1,200    B
F    3    2    3,000    4,200    C
G   4    2    1,700    2,000 D,E

(a) If you wish to reduce the time required to complete this project by two weeks, which activity(ies) should be crashed, and how much will this increase the total cost?

(b) What would be the added cost if you wanted to complete the project in the minimum time possible?

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Project Management: Development of a new deluxe version
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