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

Question

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?

Parul · Accepted Answer

Answer
As I have signed a contract to establish a garage for the Simpsons. The contract will receive 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.

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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