Total Cost for Project Completion
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Please reference the attachment.
Given the project information shown below in the network and time/cost table:
(see attached file for diagram)
Task Duration Fixed Cost Resource Resource Usage Cost/hour
A (1,2) 7 $2,000 Jean 50% * $30
B (1,3) 10 $1,850 Julie 100% $40
C (2,3) 4 $1,260 David 100% $45
D (3,4) 8 $2,700 Tim 25% $60
E (3,5) 3 $1,000 Jean 50% $30
F (4,6) 5 $2,000 Amy 100% $25
G (4,7) 7 $1,980 Conrad 25% $20
H (5,7) 10 $3,320 David 100% $45
I (6,8) 7 $1,900 Tim 25% $60
J (7,8) 6 $1,780 Linda 50% $65
*Resource usage of 50% means that Jean will be assigned to this task at half-time.
1. Set up the project in MS Project and identify the critical path.
2. Determine the total cost for completion of this project.
Note: This is a fixed-duration project.
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Solution Summary
This solution helps set up a project and determine the total cost for completion of the project. Explanations, diagrams and charts are provided.
Solution Preview
Below is the study guide which I also attached in the word file for better viewing of the screen captures.
First, set up the tasks and its related information in MS Project. I assumed the following:
1. The duration is ...
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