Below Are the Data for a Time-Cost CPM Scheduling Analysis

question 64

Multiple Choice

Below are the data for a Time-Cost CPM Scheduling analysis.The time is in days and the costs include both direct and indirect costs. If you crash this project to reduce the total time by four days, what is the total time of the project and total cost?

• A)Total time is 10 days, total cost is $2500
• B)Total time is 9 days, total cost is $2300
• C)Total time is 8 days, total cost is $2750
• D)Total time is 8 days, total cost is $1850
• E)Total time is 9 days, total cost is $2350

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Definitions:

Explosive Growth

Refers to a rapid and substantial increase in the size or value of something, often used to describe fast-growing companies or economies.

Senior Management

The highest level of managers within an organization, responsible for setting strategic goals and making crucial business decisions.

Expansion Funding

Capital raised to support the growth initiatives of a business, which may include entering new markets or increasing production capacity.

Management Failure

The inability of a company's management to make the correct decisions or to implement strategies effectively, leading to poor performance.