Examine the following table of activities, with stochastic (probabilistic) duration estimates and
predecessor information (duration estimates are in weeks) for a small project
- Find all expected activity durations (TEs) and variances, organized/presented in a table.
- Based on the computed TEs, draw an AON (precedence) network diagram representing all project
activities, making sure to label activities and their durations. - Find the total slack for each activity and add it as a column to the table in step (1).
- Find the critical path and expected completion time for the project.
- Find the probability that the project will be completed in 45 weeks.
- Find the expected completion time corresponding to 95% probability.
Sample Solution