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 (Time in weeks).
(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?
Definitions:
New Managers
Individuals who have recently assumed a managerial role, responsible for directing and overseeing the work of others.
Interpersonal Skills
Abilities used by a person to interact effectively with others, such as communication, listening, and conflict resolution skills.
Emotional Intelligence Quotient
A measure of an individual's ability to recognize, understand, manage, and reason with emotions, both in themselves and in others.
Top Level Managers
Executives and other senior leaders who are responsible for the overall strategic direction and success of an organization.
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