Question: The project described in tire following table and precedence network has just begun. It is scheduled to be completed in 11 weeks. a. if you

The project described in tire following table and precedence network has just begun. It is scheduled to be completed in 11 weeks.
a. if you were the manager of tills project, would you be concerned? Explain.
b. If there is a penalty of $5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000?

Expected Duration (weeks) Standard Deviation (weeks) 70 90 62 1.90 Activity

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a b Expected Duration Path sabEnd 4 6 10 scdEnd 39 12 Std Dev 6 7 9114 ... View full answer

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