Question: Time Required in Weeks Activity Preceding Optimistic Most likely Pessimistic A 28 32 36 B 22 28 32 A 26 36 46 D B 14

Time Required in Weeks Activity Preceding

Time Required in Weeks Activity Preceding

Time Required in Weeks Activity Preceding Optimistic Most likely Pessimistic A 28 32 36 B 22 28 32 A 26 36 46 D B 14 16 18 E B 32 32 32 F B 40 52 74 G 12 16 24 H E,G 16 20 26 I E,G 26 34 42 J CF 12 16 30 D c. Find the project's estimate time. (1-Marks) required to complete the project and define the critical path. d. Find the project variance. (1-Marks) e. Find the approximate probability of completing the project within 11 weeks. (1- Mark) f. The company would lose about SR 500,000 if the project takes more than 11 weeks. Therefore, the CEO wants to place the bid only if he has at least a 50 % chance of meeting the deadline. How would you advise him? (1-Mark)

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