Question: Question 4 : [ 1 0 ] The baseline time estimate for the completion of a mall construction project is in Middelburg is 2 8

Question 4:
[10]
The baseline time estimate for the completion of a mall construction project is in Middelburg is 28 weeks and the baseline cost estimate is R72000.Assume that the risk likelihood for the project is 0.3 and if the risk is materialized ,the project would be delayed by 7 weeks and cost R 10000 more. Calculate risk time (RT), risk cost (RC), expected project completion time (ET) and the expected project completion cost (EC).
TOTAL MARKS =51
 Question 4: [10] The baseline time estimate for the completion of

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