What are the managerial implications of this

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Reference no: EM133593694

Assignment:

1. Modify your simulation model to determine the probability that the path you expected to be the critical path actually was the critical path? What are the managerial implications of this?

2. Simulate the completion of this project 1000 times assuming that the activity times follow a triangular distribution and that the cost rates are also triangularly distributed. Estimate the mean and standard deviation of the project completion time and project cost. How do these results compare to the results you obtained in Question 2 above?

Reference no: EM133593694

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