Question: 5. Develop a Project Network (Project Risk Management): (4.0 pts.) The expected (most likely) times for the project activities are given below. ID Duration Critical

5. Develop a Project Network (Project Risk

5. Develop a Project Network (Project Risk Management): (4.0 pts.) The expected (most likely) times for the project activities are given below. ID Duration Critical 1 6 2 Predecessor None None 1, 2 3,2 7 3 Description Pilot production Select channels of distribution Develop marketing program Test market Patent Full production Ad promotion Quality check & Release 4 4 4 1 5 6 10 16 4 7 2,3 3 8 5,6,7 3 i. Develop a network with forward and backward pass (you may draw by hand): (1.0 pt.) (You may draw in a backside of this page) ii. Find the critical path and expected project completion time? (1.0 pt.) iii. Develop the schedule (Early and Latest Start and Finish) (2.0 pts.) Schedule: (fill this schedule from the critical path after forward & backyard pass) Activity Start Duration Finish Slack (Float) Early Latest Early Latest 1 6 2 7 3 4 4 4 5 10 6 16 7 3 8 8 3

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