Question: Project Activity Information Activity Immediate Predecessors Optimistic (weeks) Most Likely (weeks) Pessimistic (Weeks) A 3 4 5 B A 4 5 12 C 2 4

Project Activity Information

Activity

Immediate Predecessors

Optimistic (weeks)

Most Likely (weeks)

Pessimistic (Weeks)

A

3

4

5

B

A

4

5

12

C

2

4

6

D

C

3

4

5

E

B, D

1

2

3

F

E

2

4

6

G

B, D

6

7

14

H

G

6

8

10

I

F, H

3

4

5

Marketing Data from Ad Agency

Type of Advertisement

Exposure per Ad

Cost per Ad

TV ads 1-6

12,000

30,000

TV ads 7 and over

4,500

30,000

Radio ads 1-12

6,000

9,000

Radio ads 13 and over

3,600

9,000

Online ads 1-18

3,000

4,000

Online ads 19 and over

2,400

4,000

Game

1

2

3

4

5

6

7

8

Probability the Steelers Win

0.55

0.6

0.45

0.4

0.65

0.55

0.45

0.7

The owner of Steel City has hired you to help with the three tasks described above. Specifically, the owner has two requests:

  1. Develop some metrics surrounding the reorganization project. They want to visualize the project map, and better understand the timeline of the project. In particular, the owner is very concerned about the finish date of the project and wants to know the expected completion time and how far in advance the project should be completed in order to assure a .95 probability of completing the project on time (assuming project finish times follow a normal distribution).

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