Question: PART 1: Predecessors Table 1 Activity Activity ID Description A Find a location B Architectural plans Equipment selection D Apply for building and zoning permits

PART 1: Predecessors Table 1 Activity Activity IDPART 1: Predecessors Table 1 Activity Activity ID

PART 1: Predecessors Table 1 Activity Activity ID Description A Find a location B Architectural plans Equipment selection D Apply for building and zoning permits E Buy the equipment F Construction G Interior Design H Final check-up A B B DE F G Estimated Time (weeks) 4 8 2 4 3 12 3 1 PART 2: Act. ID No. Activity Description Table 2 Optimistic Estimate (weeks) Pessimistic Estimate (weeks) A B Find a location Architectural plans Equipment selection Apply for city permits Buy the equipment Construction Interior Design Final check-up 3 6 1 3 2 9 1 0 Most Likely Estimate (weeks) 4 8 2 4 3 12 3 1 5 10 3 5 4 15 5 2 E G H PART 2: Your friend thinks that it would be good for business to do a grand opening on the first day of spring and wants to know if the store will be ready by then. You acknowledge that the activity times in Table 1 are actually still very uncertain. Table 2 shows the optimistic, most likely, and pessimistic estimates for the duration of each activity. Question 3: What is the probability of completing the project in 30 weeks or less? 2.5% 25% 18% 8%

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