Question

1. Information on a project’s activities is shown in the following table:

Activity	Immediate Predecessor	Activity Time (wks)	Total Budgeted Cost
A	-	4	24,000
B	-	3	27,000
C	B	2	14,000
D	A	8	32,000
E	D	3	24,000
F	C, E	4	60,000
G	D	6	30,000
H	F	6	30,000
I	G	4	20,000
J	G, H	3	18,000
K	I	2	10,000
L	J	4	16,000

1. Create a Gantt chart based on earliest start times. (20 pts)

2. Create a budget cost chart, using earliest start times. (20 pts)

Answer 1

For solving this, first of all you need to calculate the durations based on Earliest Start as shown in the below image;

Gnatt chart is a diagrammatic representation of the durations. It is to be constructed as indicated in the below image;

Now, for preparing the budget, you need to estimate the cost for the activities in accordance with the gnatt chart. Here the total cost is divided by durations to estimate weekly cost.