a) Create a simulation model of this project network. Then run the model for 10
replications. How many simulation replications are required in order to have a margin of
error on mean project duration of less than 2 days (given 90% confidence)?
b) For both 50 replications and 500 replications, simulate the project network again.
a. What is the mean duration of the project (as well as standard deviation and margin
of error)?
b. What is the duration of the project with 90% confidence?
c. How often is task H on the critical path?
d. How often is task E on the critical path?
e. How often is task G on the critical path?
1. main menu/plan/plan options/Default Task/ Calendar / change the calendar from
“standard” to “7 Day”
2. main menu/plan/calendars/workweek/ you need to check all the days here for the
“standard” calendar