How can we determine the robability that a project will be


Question: 1. What are the EST and LST? How are they computed?

2. Describe the meaning of slack and discuss how it can be determined.

3. How can we determine the probability that a project will be completed by a certain date? What assumptions are made in this computation?

4. Briefly describe how project budgets can be monitored.

5. What is crashing, and how is it done by hand?

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Strategic Management: How can we determine the robability that a project will be
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