Consider the Project Network and Data Shown Below ADetermine the Critical Path

question 23

Essay

Consider the project network and data shown below: $$\begin{array} { | c | c | c | c | c | c } \hline \text { Activity } & \begin{array} { c } \text { Normal Time } \\\text { Months) }\end{array} & \begin{array} { c } \text { Crash Time } \\\text { Months) }\end{array} & \begin{array} { c } \text { Normal } \\\text { Cost }\end{array} & \begin{array} { c } \text { Crash } \\\text { Cost }\end{array} & \begin{array} { c } \text { Crash } \\\text { Cost/ Month }\end{array} \\\hline \text { A } & 3 & 2 & \$ 100,000 & \$ 150,000 & \\\hline \text { B } & 6 & 4 & \$ 200,000 & \$ 320,000 & \\\hline \text { C } & 2 & 2 & \$ 90,000 & \$ 90,000 & \\\hline \text { D } & 2 & 1 & \$ 180,000 & \$ 250,000 & \\\hline \text { E } & 4 & 2 & \$ 225,000 & \$ 450,000 & \\\hline \text { F } & 7 & 6 & \$ 80,000 & \$ 120,000 & \\\hline \text { G } & 4 & 2 & \$ 310,000 & \$ 500,000 & \\\hline \text { H } & 2 & 2 & \$ 400,000 & \$ 400,000 & \\\hline\end{array}$$
a.Determine the critical path.
b.If management wants the project done in one less month, which activity should they crash?

---

Definitions:

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the operating cycle of a business.

Fixed Asset Accounts

Accounts that track the purchase, depreciation, and disposal of long-term assets owned by a company.

Office Equipment

Assets like desks, chairs, computers, and printers that are necessary for the operation of an office but are not directly involved in the production process.

Delivery Equipment

Vehicles and other assets used by a business specifically for the purpose of transporting goods to customers.