Project Scheduling and Budgeting

Instructions:

Tasks:

Click here to view the network diagram. Using the diagram, find:

*The critical path.
*How long it will take to complete the project?

*How does simulation determine the probabilities of various project completion times?

*What is “slack” and why is it important?

*Why is activity-on-arrow (AOA) or activity-on-node (AON) of significant value to the project manager?

*How is the uncertainty in project scheduling dealt with?

*Should the critical path activities be managed differently from noncritical path activities? Explain.

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