Business Finance Homework Help

Project Management

This is for module 2 assignment together with wk1 and wk2 lectures scripts. Also below are some of the references the lecturer suggested. Read the second part of the Villas Compound project case study, discuss the following and share your thoughts in the discussion forum.

What is the main challenge of using CPM to estimate the project duration? 

If you have more than three probabilistic values of each activity, what should you do to estimate the project duration? 

Do you think the critical paths can change after updating the project schedule during the construction? Provide examples to justify your answer. 

• Estimate the probability if the project finishes in 140 days.