Question: Why might a probabilistic estimate of a project s completion time
Why might a probabilistic estimate of a project’s completion time based solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?
Answer to relevant QuestionsDefine each of these terms, and indicate how each is determined. a. Expected activity time. b. Variance of an activity time. c. Standard deviation of a path’s time. Give some examples of ethical issues that may arise on projects. What can a project manager do to minimize such issues? Chris received new word processing software for her birthday. She also received a check, with which she intends to purchase a new computer. Chris’s college instructor assigned a paper due next week. Chris decided that she ...The project described in the following table is scheduled to be completed in 11 weeks. Construct a network diagram using AOA or AON (see Example 5 for either type). Then answer the following questions: a. If you were the ...Create a risk matrix for this project:Explain your reasoning for your placement of the events Weather problems and Fundingdelays.
Post your question