Question: Problem Statement: RISK Planning with PER I Consider a project with eight activities, A through H. The activities have uncertain durations (in days) with three

Problem Statement: RISK Planning with PER IProblem Statement: RISK Planning with PER IProblem Statement: RISK Planning with PER IProblem Statement: RISK Planning with PER I

Problem Statement: RISK Planning with PER I Consider a project with eight activities, A through H. The activities have uncertain durations (in days) with three estimates of the activity duration (a,m, and b ) of each activity presented in the following table. The table also provides the correctly computed expected duration and standard deviation of duration of all activities. The project's AON network diagram is shown below, with the expected durations of the acuities filled in the boxes. Please apply PERT method to this project and answer the following questions. The Normal distribution table in provided in Figures and Normal distribution table for Midterm II.docx . Normal distribution table Based on the expected durations of the activities, the critical path of the project is: (Hint: It suffices to visually identify the critical path without applying forward pass and backward pass.) Path A-B-E-H Path A-B-D-F-H Path A-C-D-F-H Path A-C-G-H Question 5 Based on the critical path, the expected duration of the project Te,P= (Please keep one decimal place after the dot, if any, in your answer.) Based on the critical path, the standard deviation of the project's duration P= (Please keep one decimal place after the dot in your answer.) Question 7 3 pts Suppose that the customer requires the project to be completed within 36 days. The probability of the project being completed on time is: % (Please round your answer to whole number. The Normal distribution table is available in Figures Question 8 3 pts What is the project duration (in days) that you will promise to your customer with a confidence of 85% probability of on-time completion? (Please round your answer to whole number with round-up preferred. The Normal distribution table is available in Figures and Normal distribution table for Midterm Il.docx . .)

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