A project consists of five activities. Naturally the paint mixing precedes the painting activities. Also, both ceiling painting and floor sanding must be done prior to floor buffing. 
a.
Construct the PERT/CPM network for this problem.
b.
What is the expected completion time of this project?
c.
What is the probability that the project can be completed within 9 hr.?
Definitions:
Joint Venturer
is an entity that engages in a joint venture, sharing control, resources, and risks with other ventures.
One-Line Method
A method used in accounting to consolidate a parent company's investment in a subsidiary when only a minority interest is owned.
Joint Control
A situation in corporate governance where two or more parties agree to share control over a business activity, ensuring decisions are made unanimously.
Deferred Exploration Expenditure
Costs incurred in the exploration of resources which are not immediately expensed but are capitalized and amortized over time.
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