Question: Determine the project network diagram, critical path, expected time, variance and standard deviation of the project. What is the probability of completing the project within
- Determine the project network diagram, critical path, expected time, variance and standard deviation of the project.
- What is the probability of completing the project within 4 months?
- You are required to write a report.
- Calculations with no explanation are not acceptable.
- You are strongly advised to use excel pages that should be clearly typed and numbered.
| Activity | Activity Description | Activity Predecessor | Time Estimates (days) o-m-p |
| A | Preliminary budget and plan approval | - | 10-15-20 |
| B | Select marketing personnel for training | - | 5-9-12 |
| C | Develop overall media plan | A | 15-25-30 |
| D | Prepare separate media plans | C | 12-20-25 |
| E | Develop training plan | C | 5-8-12 |
| F | Design training course | E | 6-14-20 |
| G | Train marketing personnel | B,F | 16,20,25 |
| H | Plan tv commercials with agency | D | 15,25,35 |
| I | Draft in-house print materials | D | 8,15,20 |
| J | Develop print advertising layouts with agency | D | 16,23,30 |
| K | Review print advertising layouts | J | 4,9,12 |
| L | Review tv commercials | H | 3,7,12 |
| M | Review and print in-house materials | I | 3,5,7 |
| N | Release advertising to print media | G,I,K | 2,4,8 |
| O | Release tv commercials to networks | L | 4,7,10 |
| P | Final marketing personnel review | G,I,K | 4,5,9 |
| Q | Run media advertising mailings | M,N,O | 15,20,30 |
| Finish | - | Q,P |
|
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