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.