You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you...

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You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for completing the project within 17 working days. The contract also contains a penalty clause in which you will lose $100 for each day the project takes longer than 17 working days.


Draw a project network given the information below. Complete the forward and backward pass, compute the activity slack, and identify the critical path. Do you expect to receive a bonus or a penalty on this project?

Answered 113 days AfterNov 11, 2021

Answer To: You have signed a contract to build a garage for the Simpsons. You will receive a $500 bonus for...

Parul answered on Mar 05 2022
114 Votes
Answer
As I have signed a contract to establish a garage for the Simpsons. The contract will receiv
e a bonus amount of $500 if this project is completed in 17 working days. Furthermore, if this project takes more than 17 working days then a penalty of $100 will also be established. As per the details shared in the case study, I have extrapolated in the excel sheet that is shown in the table below
    ID
    Description
    Predecessor
    Title (Nos. of Days)
    A
    Ideation - Preparation of Site
    -
    2
    B
    Foundation - Pouring the Foundation
    A
    3
    C
    Framing - Erection of Frames
    B
    4
    D
    Ceiling -...
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