Allocate the resources with the assigned constraints Create a baseline project Analyze crashing critical project tasks in order to shorten the duration of the porject and decrease the total cost.

Baseline Plan

Project duration (days) =

Total Project Cost =

Total number of work hours (project) =

Description

Cost ($)

Direct labor

Indirect

Project Manager

For each activity list the total number of work hours for each group and the total work hours.

Activity

Duration(wks)

Engineering

Operation

Procurement

Marketing

Total

Select and order equipment

Receive Equipment

Install and set up equipment

Finalize bill of material

Order component parts

Receive component parts

first production run

Finalize marketing plan

Produce Magazine ads.

Script for TV ads.

Produce TV ads.

Begin ad campaign

Ship product to customers

List all activities that were crashed to lower the project cost. Add additional rows to the table as needed

Activity

Original Duration

Original Cost

Current Duration

Current Cost

List all resources that are assigned to work less than four hours on a task

There shouldn’t be any

List all resources that are overloaded and explain why.

There could be some if crashing/overtime is used that decreases the fixed cost of the project more than it is increased by the variable labor costs.