1. There are three (and only three) paths through a network (project),

1. There are three (and only three) paths through a network (project), each with a probability of completion in less than 24 months as indicated: a. S-a-b-F P1(<24) = .95 b. S- d-e-F P2(<24) = .85 c. S- g-h-F P3(<24) = .90 If the tasks are independent, what is the probability of the network being completed within 24 months? Note: S is the start node, F is the finish node. 2. You have been assigned to estimate the cost of installing fiber optic cable in a country. Fortunately, you have done a number of similar projects in this area in the past and you have accumulated the following parametric cost estimates based on this experience:

 

Mobilization/demobilization Cost = $10,000

 

Buried cable construction:

Cost per kilometer = $10,000

Sand Cost per kilometer = $17,500

Sand & Clay Cost per 100 meters = $ 5,500

 

Rock Overhead cable installation:

Cost per kilometer = $ 7,500

Cost per Road Crossing = $12,500

Cost per pipeline Crossing = $ 5,000

 

The scope of the new project is as follows:

Predominately sand 150 km

Predominately sand & clay 100 km

Rock 500 meters overhead XXXXXcrossings 3 pipeline crossings 5

 

Estimate the cost of construction for this project.

Assume the estimates are fully loaded, ie they include labor, materials, applicable indirect costs such as overhead, etc. Must show your work.