Question: Section 1: Problems (35 points) 1. Given the following project and the time estimates (in weeks) for each activity, the project manager expects the project

Section 1: Problems (35 points) 1. Given the

Section 1: Problems (35 points) 1. Given the following project and the time estimates (in weeks) for each activity, the project manager expects the project to complete within 16 weeks. (10 points) A B Start End D Time Estimates Activity Optimistic Most Likely Pessimistic A B 4 6 C 4 7 D 15 a) According to you, what is the expected duration of the project completion (i.e. the critical path duration)? b) You can earn a "bonus" of $50.000 if you are able to complete this project with in 16 weeks. What are the chances of earning this bonus? c) What are chances of completing this project within 20 weeks

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