The project described in the following table is scheduled to be completed in 11 weeks. Construct a
Question:
The project described in the following table is scheduled to be completed in 11 weeks. Construct a network diagram using AOA or AON (see Example 5 for either type). Then, answer the following questions:
a. If you were the manager of this project, would you be concerned? Explain.
b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000?
Path Activity Estimated Time
(weeks)
Standard Deviation (wks.)
A C 4 0.70 D 6 0.90 B E 3 0.62 F 9 1.90
LO.1
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