Question: 1. Compute the expected time and variance for each activity. 2. What is the critical path and the expected duration of the project? 3. What

1. Compute the expected time and variance for1. Compute the expected time and variance for

1. Compute the expected time and variance for each activity. 2. What is the critical path and the expected duration of the project? 3. What is the probability that the project will take longer than 58 days to complete? 4. Your supervisor was told that the client would like to complete the project in 56 days. Which path in the project network has the greatest risk of running over this new deadline of 56 days? 5. Prepare a report for Susan regarding your findings. Include your recommended strategy to finish the project in the least possible time. You are asked to manage an upcoming project for a client based in Chicago. Your supervisor, Susan, asked you to determine if the project will be completed in 2 months (60 days). Susan sent you the estimated time durations (in days) for the project. The information is given below: Activity Immediate Predecessor Optimistic Time Most Likely Time Pessimistic Time -- 10 12 15 14 6 10 15 20 18 9 6 8 10 12 13 12 14 CE B B,D B,D F.G.H 16 24 18 21 10 15 20 10 14 kkkkkkkkkkk

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!