Refer to the Table 1 and do the following: Calculate the Expected time, mean time. Develop the Network diagram using the expected time and use PERT Analysis to know the mean and Sd of the project....

Refer to the
Table 1
and do the following:

1. Calculate the Expected time, mean time.


2. Develop the Network diagram using the expected time and use PERT Analysis to know the mean and Sd of the project.


3. Based on these estimates and the resultant expected project duration of 69 days. The executive committee wants to know what is the probability of completing the project before a scheduled time of 68 days?


4. How do you measure project risk exposure? Explain and propose ways to reduce the project risk exposure.

Extracted text: Table 1: All 0,ML,P are in work days. Most Pessimisti Optimistic Duration( 0) Activi Likely Durati Duration(P Predecessor on(ML) 1 Immediate Task Name ty No 1 Team meeting 2 Hire Contractors 3 Network Design 4 Order Ventilation system 5 Install Ventilation system 6 Order new racks 7 Install racks Order power supplies and 8 cables 9 Install power supplies 0.5 1.5 6 7 8 1 12 14 16 1 18 21 30 1 7 9 13 14 21 1 17 21 25 6 7 8 1 5 11 8,12 8,12 10 Install cables 6 8 10 11 Renovation of data centre 12 City inspection 13 Facilities 14 Operations/System Operations/Telecommunicatio 15 ns 19 20 27 2,3 2,5,7 3 7 8 9 10 7 6. 10 7 8 10 16 System & applications 17 Customer service 18 Power check 7 13 10 5 6. 13 10 9,10,11 1,2,13,14,15,1 0.5 1 1.5 5 7 9 19 Install test servers 6 20 Management safety check 21 Primary systems check 22| Set date for move 23 Complete move 1 2 3 5,18,19 1.5 2 2.5 20 1 1 21 1 2 3 22 5,