Question: ( 5 points ) Step 2 : Suppose project sponsors and stakeholders put pressure on the project team and they modify their plans and estimates

(5 points) Step 2: Suppose project sponsors and stakeholders put pressure on the project team and they modify their plans and estimates to a more optimistic estimate. The new plan is to finish the project in 8 weeks instead of 10 weeks (now, each critical path is 8 weeks), but they believe the estimates are likely to be 25% early or on-time (and 75% likely to be late). Now, what is the probability that the project will be late?b.(5 points) Step 2: Suppose project sponsors and stakeholders put pressure on the
project team and they modify their plans and estimates to a more optimistic estimate.
The new plan is to finish the project in 8 weeks instead of 10 weeks (now, each critical
path is 8 weeks), but they believe the estimates are likely to be 25% early or on-time
(and 75% likely to be late). Now, what is the probability that the project will be late?
A:
 (5 points) Step 2: Suppose project sponsors and stakeholders put pressure

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