Your manager has asked you to plan and coordinate next springs sales management training program for your company. You have listed the following information for this project:

Complete the following tasks:

(a) Draw a project network.

(b) Identify the critical path; calculate the estimated project completion time and its standard deviation.

(c) If you want a 0.90 probability of completing the project on time, how far ahead of the scheduled meeting date should you begin working on the project?

(d) What would be the impact if your boss want a 0.99 probability of completing the project on time? How far ahead of the scheduled meeting date should you begin working on the project and how would this differ from your estimate in part (c)?

(e) What is the probability of the project taking more than 98 days to complete?