You have collected the data for a time-cost CPM scheduling model analysis.The time is in days and the project "direct costs" are given here.
The indirect costs for the project are determined on a daily duration basis.If the project lasts 16 days, the total indirect costs are $400; 15 days, they will be $250; 14 days, they will be $200; and 13 days, they will be $100.If you crash this project by one day,
What is the total (i.e., direct and indirect) project cost?
A)$2,150
B)$2,300
C)$2,400
D)$2,450
E)$2,500

Question

Quizplus · Accepted Answer

The total direct cost is $2,000. The indirect cost for 15 days is $250. If the project is crashed by one day, the indirect cost will be $250 - $100 = $150. Therefore, the total project cost will be $2,000 + $150 = $2,150.

You Have Collected the Data for a Time-Cost CPM Scheduling