The Laurenster Corporation is getting into the construction business. A list of activities and their optimistic, most

Question:

The Laurenster Corporation is getting into the construction business. A list of activities and their optimistic, most likely, and pessimistic completion times are given in the following table for the next construction project.

(a) Develop a project network for this problem.
(b) Determine the expected duration and variance for each activity.
(c) Determine the ES, EF, LS, LF, and slack time for each activity. Also determine the total project completion time and critical path(s).
(d) What is the probability that this job will finish in 38 days or less?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...