You have a project with an expected completion time of 15 weeks and a project variance of
Question:
You have a project with an expected completion time of 15 weeks and a project variance of 4 weeks.
1. What is the probability the project will be completed in 12 weeks?
2. What is the probability the project will be completed in 15 weeks?
3. What is the probability the project will be completed in 18 weeks?
4. If your investors need 95% probability assurance, what is the due date that yields this 95% likelihood of completion?
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Related Book For 
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
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