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Problem Statement: Risk Planning with PERT Consider a project with eight activities, A through H. The activities have uncertain durations lin days) with three estimates
Problem Statement: Risk Planning with PERT Consider a project with eight activities, A through H. The activities have uncertain durations lin days) with three estimates of the activity duration (a,m, and b) of each activity presented in the folowing table. The table also provides th deviation of duration of all activities. \begin{tabular}{|c|c|c|c|c|c|} \hline Activities & Optimisticduration(a) & Mostlikelyduration(m) & Pessimisticduration[b) & Expectedduration()TL,t)) & Standarddeviationofduration[3] \\ \hline A & 3 & 4 & 11 & 5.0 & 1.3 \\ \hline B & 2 & 5 & 8 & 5.0 & 1.0 \\ \hline C & 3 & 6 & 9 & 60 & 1.0 \\ \hline D & B & 12 & 20 & 13.0 & 2.0 \\ \hline E & 3 & 5 & 12 & 6.0 & 1.5 \\ \hline F & 2 & 4 & 6 & 4.0 & 0.7 \\ \hline G & 6 & 9 & 16 & 10.0 & 1.7 \\ \hline H & 1 & 2 & 6 & 3.0 & 0.8 \\ \hline \end{tabular} The project's AON network diagram is shown below, with the expected durations of the acuities filled in the bowes. Please apply PERT method to this project and answer the following questions. The Normal distribution table in provided in Figures and Normal distribution table for Midterm lldond t
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