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    Quantitative analysis:PERT and CPM.

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    How would you crash a project (which activities would you crash) to keep the project on schedule and achieve the original duration, if Activity B actually takes 5 weeks instead of the planned 3 weeks? (Explain your logic)?

    Activity Description Predecessor Normal Time (weeks) Normal Cost Crash Time (weeks) Crash Cost
    A Finalize site and building contracts --- 7 $7,500 4 $11,500
    B Select local printer A 3 $500 2 $800
    C Hire production manager A 3 $1,200 2 $1,700
    D Design promotional Web site B 5 $6,000 3 $9,000
    E Set TV deal D 6 $4,000 4 $6,500
    F Hire director E 4 $1,200 3 $1,700
    G Plan for TV camera placement F 2 $500 2 $500
    H Target headline entertainers B 4 $2,000 3 $3,500
    I Target support entertainers H 4 $2,000 3 $3,500
    J Travel accommodations for talent I 10 $9,000 7 $16,000
    K Set venue capacity C 2 $300 1 $400
    L Ticketmaster contract D 3 $1,400 2 $1,900
    M On-site ticketing L 8 $7,000 6 $11,000
    N Sound and staging C 6 $9,000 5 $12,000
    O Passes and stage credentials G 7 $4,000 5 $5,800
    P Travel accommodations for staff B 20 $15,000 15 $23,000
    Q Hire sponsor coordinator B 4 $600 3 $800
    R Finalize sponsors Q 4 $1,000 3 $1,400
    S Define/place signage for sponsors R 3 $3,000 2 $4,200
    T Hire operations manager A 4 $1,200 2 $1,800
    U Develop site plan T 6 $6,000 5 $8,500
    V Hire security director T 7 $1,500 5 $3,000
    W Set police/fire security plan V 4 $1,000 3 $1,600
    X Power, plumbing, AC, toilet services U 8 $4,000 6 $7,000
    Y Secure merchandise deals B 6 $6,000 3 $7,500
    Z Online merchandise sales Y 6 $5,000 4 $7,500

    © BrainMass Inc. brainmass.com April 3, 2020, 8:36 pm ad1c9bdddf
    https://brainmass.com/business/project-management/quantitative-analysis-pert-and-cpm-330359

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    Solution Summary

    The problem deals with determining the activity to crash from a project in order to achieve a stated duration.

    $2.19

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