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CAPM Practice: Demonstrate an understanding of a project management plan schedule
A project manager is told to reduce the project schedule by 3 weeks. The critical path has 15 activities. After analysis, she finds: Activities X, Y, Z can each be crashed by 1 week for $5,000, $8,000, and $12,000 respectively. Activity W can be fast-tracked with another activity to save 2 weeks but carries a 30% rework risk worth $20,000. What is the OPTIMAL recovery strategy?
Key Concept
This question covers Demonstrate an understanding of a project management plan schedule under Demonstrate an understanding of a project management plan schedule (Predictive, Plan-Based Methodologies).
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