Question: Below is the network for the Largesse Hydro Project: The following table gives the baseline cost and time estimates (BCE and BTE), the cost and

Below is the network for the Largesse Hydro Project: 9 L 3 S V 8 T 7 57 3 J 4

The following table gives the baseline cost and time estimates (BCE and BTE), the cost and time estimates to correct for failure, and the likelihood of failure for each work package in Largesse.

(a) Determine the risk time and risk cost for all the WBS elements of the project.

(b) Consider the risk times on noncritical paths. Which activities and paths should be watched carefully as posing the highest risks?

(c) What is the project expected cost (EC) and expected time (ET)?

9 L 3 S V 8 T 7 57 3 J 4 R

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