BPM305: Calculate the Cost Associated with Each Duration till a Stable Critical Path: Project Scheduling and Control Assignment, SUSS, Singapore

Question 1

For a project with the activities information as shown in Table Q1, demonstrate your understanding of project schedule and control:

(a) Determine the normal, least-cost, and crash duration.

(b) Calculate the cost associated with each duration till a stable critical path.

(c) Discuss the conclusion you draw from the results?

Indirect (overhead) costs are $100 per day

Question 2

Appraise the earned value for a project shown below:

For the project information as per the schedule and Table Q2.1 and Table Q2.2 above, the client retains 5% of the invoiced amount, which would be released 1 year after the project completion. For computation, assume 30 days in a month.

(a) Compute Monthly Amount distribution for each activity for invoiced amount and actual spent.

(b) Produce Cash flow for the project which shows money in and out each month for the entire contract.