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

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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 wecks. (10 points) B Start End D Time Estimates Pessimistic Activity A Optimistic Most Likely 2 3 7 B 4 6 10 2 4 7 D 5 16 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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