Because of its geographical location, the Largesse Turbo project is threatened with delays and costs associated with
Question:
Because of its geographical location, the Largesse Turbo project is threatened with delays and costs associated with bad weather. The likelihood of bad weather is estimated at 0.30 with a potential impact of delaying work by 10 weeks and increasing the cost by $20,000.
a. Ignoring the time and cost risks in Problem 23, what are the expected project completion time and completion cost considering the weather risk?
b. What is the estimated expected project completion time and cost considering the weather risk and the risks listed in Problem 23?
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Related Book For
Project Management For Business Engineering Principles And Practice
ISBN: 286248
2nd Edition
Authors: John M. Nicholas
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