Activity Immediate Predecessor Most Likely (Weeks) 5 7 B C D E F...
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Activity Immediate Predecessor Most Likely (Weeks) 5 7 B C D E F G Optimistic (Weeks) 2 3 4 2 3 6 1 6 3 B D E, F G H 6 7 5 Pessimistic (Weeks) 8 9 10 14 3 10 3 8 1 10 4 1 14 H 1 5 0 1 2 3 4 5 QUESTION 2 Topic: Project Management (11 marks) The Laurenster Corporation needs to perform the following activities with times given in weeks. (Please see the table above) 7 3 1 1) Draw a project network for this problem. (You can draw the network manually and then cut and paste the image into Excel or word document). [4] 2) Using ExcelQM, what is the expected project completion time? [3] 3 + 3) What is the probability that the project will be completed within 30 weeks? (Keep three decimal places for the standard deviation of the project time.) [4]
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