The three-time estimates (optimistic, most likely and pessimistic) for the duration of the individual activities which...

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The three-time estimates (optimistic, most likely and pessimistic) for the duration of the individual activities which form a construction project are presented in Table 2.1 below. Activity A B C D E F G H Immediate Predecessors A,B C D E C F.G I. II. III. IV. Optimistic 4 2 2 16 6 1 4 2 Table 2.1 Most Likely 7 4 5 19 13 8 10 5 1. For all project activities determine the expected times and variances. Pessimistic 10 8 8 28 24 13 28 14 (4 marks) 2. Draw the Activity on Node diagram filling in the following information for all activities. Earliest and Latest Start & Finish Activity Descriptor Duration and Float Earliest time for Completion and Critical Path 3. What is the probability of completing the project in 56.5 days? 4. Based on the critical path, what completion date are you 95% achieving? (8 marks) (3 marks) confident of (2 marks) 5. Which of the above task would cause you concern from a project management point of view? Why (2marks) The three-time estimates (optimistic, most likely and pessimistic) for the duration of the individual activities which form a construction project are presented in Table 2.1 below. Activity A B C D E F G H Immediate Predecessors A,B C D E C F.G I. II. III. IV. Optimistic 4 2 2 16 6 1 4 2 Table 2.1 Most Likely 7 4 5 19 13 8 10 5 1. For all project activities determine the expected times and variances. Pessimistic 10 8 8 28 24 13 28 14 (4 marks) 2. Draw the Activity on Node diagram filling in the following information for all activities. Earliest and Latest Start & Finish Activity Descriptor Duration and Float Earliest time for Completion and Critical Path 3. What is the probability of completing the project in 56.5 days? 4. Based on the critical path, what completion date are you 95% achieving? (8 marks) (3 marks) confident of (2 marks) 5. Which of the above task would cause you concern from a project management point of view? Why (2marks)