Question
1. Global Finance Corp. (GFC) is a multinational financial institution that focuses on providing capital solutions for large-scale enterprises. GFC has adopted a consistent project
1. Global Finance Corp. (GFC) is a multinational financial institution that focuses on providing capital solutions for large-scale enterprises. GFC has adopted a consistent project framework for each client engagement. The only variables that alter the standard network are activity durations and exceptional situations. As a project manager partner, you have been assigned to the most recent client and have gathered the network details and activity durations for this particular client, outlined below:
IDDescriptionPredecessorOptimisticMost LikelyPessimisticAResearch client firmNone161925BCreate a "due diligence" rough draftA202632CEstimate future demand and cash flowsB172938DCreate and approve legal documentsB4710ELine up potential sources of capitalC91518FCheck and approve the final legal proposalD61224GSign contracts and transfer fundsF, E242730Answer the following questions (please note that You can employ Excel to address technical questions and include relevant screenshots, ensuring numerical values are displayed with precision up to two decimal places):
C) Determine the required average duration to guarantee a 95 percent chance of completing the project within 110 workdays.
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