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Appendix
Exercises I: CPM, DIPP, drag, drag cost,
and true cost
You are the project manager in charge of the project shown in Figure A.1.
If the project is completed in 45 days, its expected monetary value will be
$500,000. Every day later will cause a delay penalty of $50,000. Every day
earlier will generate an acceleration premium of $20,000.
Lay out the network logic diagram for the project and answer the
questions below. The answers are given, along with the network diagram,
at the end of the Appendix.
1. What is the project duration with the current schedule as laid out in
the diagram?
2. What is the starting DIPP with the current ...