Question: 1 . Use the excel template provided to answer this question. A project manager has a project with three unique paths. The deterministic time estimate

1. Use the excel template provided to answer this question. A project manager has a project with three unique paths. The deterministic time estimate has the critical path at 55 days, but the other two paths are nearly that same duration and there is uncertainty in all the tasks. She decides to use monte carlo analysis to better understand the likely duration of the project.
Make a monte calro analysis of 1,000 trials using the template. If the manager had used the deterministic time estimate of 55 days to set her bonus objective, what % of the time would she not earn it (i.e. the project takes longer than 55 days)?

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