Figure 10.8 is the network for the Largesse Hydro Project: The table gives the baseline cost and

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Figure 10.8 is the network for the Largesse Hydro Project:image text in transcribed

The table gives the baseline cost and time estimates (BCE and BTE), the cost and time estimates to correct for failure, and the likelihood of failure for each work package.image text in transcribed

a. Determine the risk time and risk cost for all the WBS elements of the project.

b. Consider the risk times on non-critical paths. Which activities and paths should be watched carefully as posing the highest risks?

c. What are the project expected cost (EC) and expected time (ET)?

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