- Question 5 20 Marks Read The Attached Paper Especially Paper 2 Carefully And Develop The Following 1 Project Network 1 (97.44 KiB) Viewed 41 times
Question 5-20 marks Read the attached paper (especially paper 2) carefully and develop the following: 1. Project network of the example given in the paper using spread sheet. You can show it in table format or network diagram view. 2. Incorporate the methodologies of risk factors discussed in the paper, in your project model (using spreadsheet). Explain the procedure of developing the project model and discuss on the risk methodologies used in the paper. 3. Compare the results of your model with results in the paper and provide comments. 4. If distribution of the weather risk factor is modelled using uniform distribution, discuss and critically comment on the new results as compared to Point 3. 5. Conduct sensitivity analysis to identify the influence of different risks on project durations and critical review the outcome. *Use Triangle Distribution for Event Distribution on the paper 2. (Maximum 2000 words for all questions)