Your numbers for Part 1 and Part 2 should have a surprisingly (even shockingly!) high difference (or else you likely made some data entry errors). If you were the project manager, which of the two numbers would you report and why? In practice, most project managers only simulate the critical path (and so do PM textbooks and publications). Having gone through these two simulations, do you think that simulating only the critical path is a good idea? Why or why not?

1. How would you explain why there was such a huge difference between the two probabilities in simple English and using just a bit of common-sense math to your team, sponsor, or executives?
2. For a very large project with several hundreds or thousands of activities, it may be difficult to simulate the entire schedule (as we did in Part 2), so you may be forced to simulate only the critical or near-critical paths. Having completed this exercise, if you were managing such a large project, what other paths (besides the critical and near-critical paths) might you identify for simulation, and why?
3. What broad realizations have you gained from this lab assignment about the mindset, maturity, and judgment that a good project manager should have, and the what-if questions that a good project manager constantly needs to ask the project team and other stakeholders?
4. Please share constructive feedback and your honest impressions of this final exam in terms of assessing and adding value to your course learning, level of difficulty, time required, etc.

10,000 Trials Cumulative Frequency View 9,973 Displayed Final exam part 2 "!K11 1.00 Not for CommercialUse 10,000 0.90 9.000 0.80 8,000 0.70 7,000 0.60 6,000 Cumulative Frequency Cumulative Probability 0.50 5,000 0.40 4.000 0.30 3,000 0.20 2.000 0.10 1,000 0.00 24.00 28.00 32.00 36.00 40.00 44.00 48.00 52.00 56.00 60.00 64.00 68.00 72.00 31.68 Certainty: 95.00 65.7110.000 Trials Cumulative Frequency View 9,983 Displayed 'Final exam part 2 "!K11 1.00 Not for Copercra Use 10,000 0.90 9,000 0.80 8,000 0.70 7,000 0.60 6,000 Cumulative Frequency Cumulative Probability 0.50 5.000 0.40 4.000 0.30 3,000 0.20 2.000 0.10 1,000 0.00 0 28.00 32.00 36.00 40.00 44.00 48.00 52.00 56.00 60.00 64.00 68.00 72.00 31.64 Certainty: 95.00 65.44