Question: Consider Problem 16.12 (see Chapter 16 on the CDROM), which involves estimating both the duration of a project and the probability that it will be

Consider Problem 16.12 (see Chapter 16 on the CDROM), which involves estimating both the duration of a project and the probability that it will be completed by the deadline. Assume now that the duration of each activity has a triangular that is based on the three estimates shown in Problem 16.12. Use RSPE to perform 1,000 trials of a computer simulation of the project on a spreadsheet.
a. What is the mean project completion time?
b. What is the probability that the project can be completed within 22 months?
c. Generate a sensitivity chart. Based on this chart, which two activities have the largest impact on the project completion time?

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