Question: Question 3 18 marks Engineering Ltd wishes to undertake a project with duration, costs and relationships detailed in the table holnis, Overheads relating to the

 Question 3 18 marks Engineering Ltd wishes to undertake a project

Question 3 18 marks Engineering Ltd wishes to undertake a project with duration, costs and relationships detailed in the table holnis, Overheads relating to the project are $70 per day. a. Identify the critical path and calculate the expected duration of the project. 6 marks b. What is the probability that the total project duration will exceed 35 days? 6 marks c. Ignoring optimistic and pessimistic estimate for activity durations, calculate the least cost duration for the project. 6 marks

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!