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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
B A
C B
D B
E D
F D
G D
H CEFG
I H
J H
K I
L J
M KL
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 days?
d What is the probability of finishing the project in less than days?
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