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The following probabilistic activity time estimates are for a CPM/PERT network. Time Estimates (days) Time Estimates (days) Activity a m b Activity a m b 1 1 2  6  7 1 1.5 2 2 1 3  5  8 1 3 5 3 3 5 10  9 1 1 5 4 3 6 14 10 2 4 9 5 2 4  9 11 1 2 3 6 2 3  7 12 1 1 1 Determine the following: a. Expected activity times b. Earliest start and finish times c. Latest start and finish times d. Activity Slack e. Critical Path Expected Project duration and standard deviation.

Operation Management, Management Studies

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