Question 4 Answer 1 Add file QUESTION #05 MARKS: 15 While working with Travel & Travel, your team has identified a risk response to shift air travel booking from main supplier to alternate supplier and your team has come up with (60-20-20) model, where main supplier is limited to 60% of supply and you are not giving supply contract more than 60% share to any one supplier. You have decided to implement this response in timely manner and has treated it like a sub project. The 1st activity is EOI" with the PERT mean of 3.8 and SD of 0.76, The 2nd activity is "planning with the PERT mean of 11.4 and SD of 81. The 3rd activity is Detail study" with PERT durations of 3.6.12, The 4th activity is Contract Agreement" with the PERT mean of 5.8 and SD of 12, The 5th activity is Report submission" with the PERT mean of 9 and SD of 0.35. The 6th activity is "Plan approval" with the PERT mean of 11.3 and SD of 0.76. The 7th and last activity is "Response implementation" with the PERT mean of 18 and SD of 0.83, Activity 1 is dependent on no activity, Acivity 23 & 4 are dependent on aivity 1, activity 5 is dependent on 2&4, activity 6 is dependent on 3, activity 7 is dependent on 6 & 5. With this data, you are required to come up with probable duration of this response with mean from CPM and contingency based on critical path Do it now