Question: You are a project manager for a new complicated project that has 8 tasks. You must create a schedule for the project that has a

You are a project manager for a new complicated project that has 8 tasks. You must create a schedule for the project that has a 95% level of confidence. You have collected time durations from the team as shown below and the task dependencies.

Create a network diagram, determine the CP and duration; calculate the slack; calculate the task variances and the project variance, and standard deviation. All units of time are in weeks.

1.After looking at what will give you a 95% LOC, do you need to crash the schedule to make sure that you finish by that time?

2.If you need to crash the schedule, how much do you need to crash it?

3. What tasks will you crash?

4.How much will the crashed project cost?

5.What is the new project duration, CP, and network diagram?

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