Question: QUESTION 4 [8] The baseline time estimate for the completion of a sports field at centurion primary is 20 weeks and the baseline cost estimate

QUESTION 4 [8] The baseline time estimate for the completion of

QUESTION 4 [8] The baseline time estimate for the completion of a sports field at centurion primary is 20 weeks and the baseline cost estimate is R100 000. Assume that the risk likelihood for the project is 0.3 , if the risk is materialized the project would be delayed by 6 weeks and it will cost R 20000 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 (EC). (2)

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