Question: Corrective WBS Element BCE BTE ( wk ) Cost Time Likelihood L $ 2 0 , 0 0 0 9 $ 4 , 0 0

Corrective
WBS Element BCE BTE (wk) Cost Time Likelihood
L $20,0009 $4,0002.2
V $16,0008 $4,0002.3
T $32,0005 $8,0002.1
U $20,0007 $12,0003.2
S $16,0003 $4,0001.3
J $18,0003 $4,0001.1
R $10,0004 $4,0003.3
C $15,0006 $5,0002.3
a. Determine the risk time and risk cost for all the WBS elements of the project.
b. Consider the risk times on noncritical paths. Which activities and paths should be
watched carefully as posing the highest risks?
c. What is the project expected cost (EC) and expected time (ET)?

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