Question: QUESTION 4 [ 8 ] The baseline time estimate for the completion of a community hall in Mhluzi in Middelburg is 3 2 weeks and

QUESTION 4
[8]
The baseline time estimate for the completion of a community hall in Mhluzi in Middelburg is 32 weeks and the baseline cost estimate is R100000. Assume that the risk likelihood for the project is 0.3, if the risk is materialized the project would be delayed by 7 weeks and it will cost R20000 more.
4.1. Calculate risk time (RT)(2)
4.2. Risk cost (RC),(2)
4.3. Expected project completion time (ET)(2)
4.4. Expected project completion cost (EQ,(2)
 QUESTION 4 [8] The baseline time estimate for the completion of

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