MGT 364 Operations Management Chapter 3 Case Project Management Background Read the Southwestern University (A) case at the end of chapter 3 of the textbook. Solution Requirements Utilize Microsoft Excel and/or Word to complete the following steps (make sure to clearly label steps and output): 1. 2. Draw the project network diagram. Calculate the mean (expected activity time), standard deviation, and variance for each activity. Create a table to display the results. . Find the critical path. Utilize a forward and backward pass analysis. Create a table to display ES, EF, LS, LP, and slack. Calculate the expected project completion time and the standard deviation of the critical path. Use the mean activity time in your calculations. . Find the probability of completing in 270 days. . Examine the possibility of crashing the project to 250 and 240 days, respectively, to answer the third discussion question in the text case. Hint: use the optimistic time as the crash time you will need to calculate the total cost of crashing using the cost per day. Provide recommendations to managers of actions that should be pursued. Share your own insights that you discovered while solving the