Question: The mean time for project completion using PERT method of time estimation is 25 weeks with a standard deviation of 3 weeks. What is the

The mean time for project completion using PERT method of time estimation is 25 weeks with a standard deviation of 3 weeks. What is the duration beyond which the project completion is not likely to extend?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Project Management Questions!

In a project network diagram with activities A, B, C, D, and E, the durations and dependencies are as follows: Activity A takes 5 days and can start immediately. Activity B takes 8 days and can't...

OPERATIONS MANAGEMENT ASSIGNMENT 6 1 Human resources, project management and operations management are all equally vital to a business's success. Each of these focuses on different areas of the...

Question 1 Which of these statements about this network is BEST? Group of answer choices Activities A and C are serial activities. Activities B and C are serial activities. Activities A and B are...

Please help me solve 4-9 Activity X Management Immediate Time Estimates Predecessor Weeks) 2-4-6 6-8-10 7-9-12 2-3-5 B B 6 F 6 B SMO K 3-4-8 5-7.9 2-2-3 2-3-6 3-4-5 4-5-8 5-8-12 1-1-1 6-7-11 8-9-13 M...

Chapter 17 - Project Management Activity Immediate Time Estimates Predecessor (Weeks) A 2-4-6 D 6-8-10 E 7-9-12 H 2-3-5 F 3-4-8 G 5-7-9 B 2-2-3 1 2-3-6 3-4-5 4-5-8 5-8-12 M 1-1-1 N M 6-7-11 0 N...

part a) part b) Suppose you are in charge of a project. The project completion time has a mean of 33 weeks and a standard deviation of 3.87 weeks. What is the probability that the project cannot be...

A project manager has compiled a list of major activities that will be required to install a new piece of equipment. The list includes estimated completion times for activities and precedence...

Suppose you are in charge of a project. The project completion time has a mean of 41 weeks and a standard deviation of 3.266 weeks. What is the minimum project completion time that you must commit in...

assignment must be typed ( i . e . can NOT be handwritten ) , neat , readable, and well - organized. However, it is ok to plot GRAPHS by hand and to SCAN / INCLUDE them within the PDF document file...

Assignment: Cost Estimation and Analysis Exercises for Project Management Exercise 1 : Project Network Analysis Using PERT Method Consider a project having 1 0 activities with the following time...

Create a presentation to inform a group of managers about the growth of data analytics and how it could be used to benefit a business. Presentation requirements: define data analytics describe why...

Write out the ground-state electron configurations of (a)Ti3+, (b) Ru2+ (c) Au3+, (d) Mn4+.

Consider the following code fragment: int main ( int argc, char * * a r g v [ ] ) { cout argc return 0 ; } The code is compiled and executed from the terminal as: . \ a . out What will be the output?...