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CWRK001 Project Scheduling And Cost Management

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Question:

Assessment Details:

Following are the activities of an early stage industrial construction project.Important notes:

a) 1 working week is equal to 6 working days for this project;

b) Use 3rd of October 2017 as the project start date for the questions that require references to a calendar.

Question 1

a) Draw the network diagram

b) Calculate the overall expected duration of the project, clearly indicating the followings.

i. Critical path

ii. Early event times

iii. Late event times

  1. Calculate total and free float of non-critical activities
  2. Due to the unavailability of electrical components, ‘electrical services’ activity is anticipated to take 18 days to complete. What is the impact of this to the overall project duration? Draw the amended network diagram (with increased duration for the electrical services) indicating critical activities

Question 2

  1. From your network information produce a Gantt chart based on Early Start times (accuracy = 1 day)
  2. Project team expects to complete this ‘early stage industrial construction project’, 14 days earlier than the overall expected duration. How can they achieve this? Consider activities and resources .

Question 3

Using the given cost estimate information calculate total cost, without and then with Contingency. Construct a budget sheet with activities on the left hand side and a month by month calendar as the X-Axis. Allocate the cost of each activity evenly over each month of its duration. Allocate costs to months. The sheet should show sub-total costs for each activity and overall per month. Construct a graph against time for the periodic spend and the same information on a cumulative basis.

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