Question: The project manager will use the PERT method of scheduling for the project that she is working on. Using the PERT calculation, the variance for

The project manager will use the PERT method of scheduling for the project that she is working on. Using the PERT calculation, the variance for the project is found to be 25 days and the duration of the project is found to be 169 days. What is the range of values for the project duration such that there will be at least a 95% probability that the actual project completion will fall between the high and low value of the range of values?

A. 164 - 173 days B. 144 - 194 days C. 119 - 219 days D. * 159 - 179 days

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 Managers Questions!

Any suggestions to better the system's schedule estimation and implementation methodology for the project below? Project Discussion Not really sure what else to add or discuss about my project that I...

this is my assessment which are am going to send you and i need some things about my assessment : Adding some more detail and diving into the case study a bit deeper would really make your points...

Here are some YouTube links that would be helpful to you when answering the questions. The notes are below. Please draw the network activity for this question https://youtu.be/bobDz_Bh3tI...

PLEASE READ CAREFULLY THE CASE STUDY PROVIDED AND FEEL FREE TO ADD HERE YOUR COMMENTS FOR EXAMPLE LIKES DISLIKES WORDS OR PHRASES YOU DO NOT UNDERSTAND ANY COMMENTS THAT WILL IMPROVE THE DIALOGUE...

PROJ6000: Principles of Project Management Assessment Assessment 2 - this is actually a case study and its called a Individual Report: PMBoK versus PRINCE2 or Agile in contemporary projects . so one...

Introduction to Ridgeline Mountain Outfitters (RMO) Ridgeline Mountain Outfitters (RMO) is a large retail company that specializes in clothing and related accessories for all types of outdoor and...

Test Calculated Numeric. Solve this problem. Figure 3 . Activities. Bronson, B . , Naadimuthu, G . ( 1 9 9 7 ) . ) . Page 2 5 5 6 The software solution division at Masket Inc. has been working on an...

The software solution dinision at Mastel. Inc has been working on an application which on development would have a large market. In order to remain market leaders and innovators of new products, they...

1- A closed system contains 10 kg of water at 100 kPa. The liquid mass is 7 kg. Find: a- Quality and specific properties for saturated liquid and saturated vapor (0.3). b- Volume of liquid and vapor....

Write a paper on: what is the current adoption rate of ipv6? have the time and cost estimates made by nist been born out; are they more costly or less costly, or the same? is ipv6 worth the effort?

Which one of the following arguments does not support the idea of IPO underpricing? Helps prevent the "winner's curse"Rewards institutional investors who share their market value opinionsReduces...

What four general-purpose financial statements do business enterprises use?