Suppose you are the project manager for the following project: First, draw a network diagram for theproject. Determine the critical path and slack times for all of the tasks. This completes your plan for the project schedule. During project execution, you become aware of the need to change the duration of Task 4 to five days.

Meanwhile, Task 3 has been finished one day early, so it only took one day to do. What, if any, effects do these changes have on your project? What would have happened if you had not been monitoring the status of the project?