Question: The following table represents a plan for a project: b . Indicate the critical path. 1 - 2 - 5 - 8 - 9 -
The following table represents a plan for a project:
b Indicate the critical path.
c What is the expected completion time for the project?
Note: Do not round Intermedlate calculations. Round your answer to decimal places.
Expected completion time
d You can accomplish any one of the following at an additional cost of $ If you will save $ for each day that the earllest
completion time is reduced, which of the following actions should be taken, if any?
Reduce job by two days.
Yes
No
Reduce job by two days.
Yes
No
Reduce job by two days.
Yes
No
What is the probability that the project will take more than days to complete?
Note: Use Excel's NORMSDIST functlon to find the correct probability for your computed Z value. Other than the expected
completlon time you entered In part c above, do not round Intermedlate calculations. Round value to decimal places your
final answer to decimal places.
Probability
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