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Consider the following activities, their predecessors and the three time estimates ( days ) : Activity Predecessor Optimistic ( a ) Most Probable ( m

Consider the following activities, their predecessors and the three time estimates (days):
Activity Predecessor Optimistic (a) Most Probable
(m) Pessimistic (b) Expected
Value Variance
A 246
B A 357
C B 135
D B 81012
E D 6810
F D 345
G D 468
H C,E,F,G 789
I H 357
J H 369
K I 369
L J 123
M K,L 61218
(a) Compute the expected completion time the variance for each activity.
(b) Draw a network and determine the critical path based on the expected completion times.
(c ) What is the probability of finishing the project in less than 48 days?
(d ) What is the probability of finishing the project in less than 51 days?

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