Table 7.9

-Using Table 7.9, if the project's normal earliest completion time is to be reduced by two weeks, what is the minimum additional cost that will be incurred in achieving this two-week reduction?
A) less than or equal to $1,000
B) greater than $1,000 but less than or equal to $1,500
C) greater than $1,500 but less than or equal to $2,000
D) greater than $2,000

Question

Table 7.9
 
-Using Table 7.9, if the project's normal earliest completion time is to be reduced by two weeks, what is the minimum additional cost that will be incurred in achieving this two-week reduction?
A) less than or equal to $1,000 
B) greater than $1,000 but less than or equal to $1,500 
C) greater than $1,500 but less than or equal to $2,000 
D) greater than $2,000

Quizplus · Accepted Answer

To achieve a two-week reduction in the project's completion time at the minimum additional cost, one would typically identify the critical path(s) and then look for activities on those paths that can be crashed (i.e., expedited for a cost) to save time. The choice with the lowest cost that allows for a two-week reduction would be the correct answer. Without the specific details from Table 7.9, this approach is based on project management principles related to crashing costs and critical path analysis.

Table 7.9 -Using Table 7.9, If the Project's Normal Earliest Completion Time