1. Draw the network diagram.

2. Determine ES, LS, EF and LF for each activity.

3. What is the variance for each activity?

4. What is the critical path?

5. What is the estimated time of the critical path?

6. What is the activity variance along the critical path?

7. What is the probability of completion of the project before week 40?

5. The Farmer's American Bank of Leesburg is planning to install a new computerized accounts system. Bank management has determined the activities required to complete the project, the precedence relationships of the activities, and activity time estimates, as shown in the following table: Determine the expected project completion time and variance, and determine the probability that the project will be completed in 40 weeks or less