Question: Problem # 2 : Your Castle Construction Project ( This problem includes 8 questions Questions # 1 5 - 2 2 ) You are working

Problem #2: Your Castle Construction Project (This problem includes 8 questions Questions # 15-22)You are working to build your private castle. You have determined and listed the following 10 major activities that need to take place to complete your project. The table below (Table B) gives the detailed input you need for your project tasks and relationships.Table BTable CQuestion #15: Assume that you worked from the expect times(seen in the tables B and C above) and computed the ES, EF, LS, LF, the correct slack times of the project. Which statement is correct?Question # 16: Based on the correct calculations, the correct critical path of your castle project is:Table D, seen below, provides the data related to three estimated (optimistic, most likely, and pessimistic) project completion times. Use the tables seen below to answer Question # 17.Table DTable EQuestion # 17: - Based on the estimated times provided in the tables (D and E) seen above, correct pairs of expected activity times & standard deviations are given by which of the answers seen below?To answer the next question (Questions 18 and 19), let us assume that we will use the expected completion times and standard deviation results seen in the first column of Table E. For the uniformity of the class answers, lets also assume that activity times are independently and normally distributed. Moreover, for the sake of uniformity, lets select the sequence path 2-1-3-4-6-9 to answer Questions # 18 and 19, seenbelow.Question # 18: - What is the probability that all on the critical path will be completed within 12 days?Question # 19: What is the probability that all on the critical path will be completed within 25 days?Please answer Questions 20,21, and 22 seen below based on the project costs information seen in the appropriate table seen below.Table F.Question # 20: Which one of the answers below best represent the expected cost of the project based on the normal times? Question #21: Suppose that you want to reduce your project completion time by 7 days. You would need to use the proper data in tables E and F to (1) compute the cost per day to crash, and to (2) apply the correct time/cost tradeoff analysis, to find out how much would the 7 days reduction would cost you?Question # 22: Apply the same time/cost tradeoff analysis to cost you to reduce the project completion time by 11 days.
 Problem #2: Your Castle Construction Project (This problem includes 8 questions

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