What is the expected completion time for the project

Question

Assignment:

a. The following table represents a plan for a project:

b. Indicate the critical path.

• 1-2-5-8
• 1-4-7-10-11
• 1-3-6-8-9-11
• 1-2-5-8-9-11

c. What is the expected completion time for the project? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

d. You can accomplish any one of the following at an additional cost of $1,500. If you will save $1,000 for each day that the earliest completion time is reuced, which of the following actions should be taken, if any?

1. Reduce job 5 by two days

• Yes
• No

2. Reduce job 6 by two days.

• Yes
• No

3. Reduce job 7 by four days.

• No
• Yes