Question: 2. Consider the following project. Time Estimates Immediate m Activity Predecessor(8) Coptimistic) (most likely (pessimistic) 1 3 8 B 7 7 19 C 2 4

2. Consider the following project. Time Estimates Immediate m Activity Predecessor(8) Coptimistic) (most likely (pessimistic) 1 3 8 B 7 7 19 C 2 4 6 D B,C 3 5 7 E 3 4 5 F DE 4 6 8 (1) Compute (2 pts) the expected duration of each activity and (2 pts) the variance of the duration of each activity. Round your answers to two decimal places. Activity Expected Time Variance A B D E F (b) (1 PT] Draw the activity-on-node network. (c) (2 PTS) Identify the critical path. (4) (2 PTS) Compute the expected project completion time. Round your answer to one decimal place 2 (e) (2 PTS] Compute the variance of the project completion time. Round your answer to two decimal places. (1) (2 PTS) What is the probability of finishing the project in 26 weeks? Write down the Excel formula you would use to compute this probability

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 General Management Questions!

2. Consider the following project. Time Estimates Immediate m b Activity Predecessor(a) Coptimistic)(most likely)(pessimistie) A 1 B 7 19 c 2 D B, C E F DE (a) Compute (2 pts) the expected duration...

2. Consider the following project. Time Estimates a m Immediate b Activity Predecessor(s) (optimistic) (most likely) (pessimistic) A 1 3 8 B A 7 7 19 A 2 4. 6 B, C 3 5 7 E C 3 4 5 D, E 4 6 8 Do QIU >...

MBA OMName:________________ Skill Builder#2 General Foundry, Inc., a metal works plant in Milwaukee, has long been trying to avoid the expense of installing air pollution control equipment. The local...

General Foundry, Inc., a metal works plant in Milwaukee, has long been trying to avoid the expense of installing air pollution control equipment. The local environment protection group has recently...

2. Consider the following project. Time Estimates a Immediate Activity Predecessor(s) (optimistic) A B 1 7 2 3 3 A A B, C C D, E m b (most likely) (pessimistic) 3 8 7 19 4 5 7 4 5 6 8 D E F OUT TO 4...

m 2. Consider the following project. Time Estimates b Immediate Activity Predecessor(a) Coptimistie)(most likely (pessimistic) 3 8 A B 7 7 19 A 2 6 D . 3 7 E 3 5 F DE (a) Compute (2 pts) the expected...

dont draw gantt chart and pls in computer 2. A project activities and related information are given in the following table. Time Estimates (Wecks) Mean Activity Predecessor Optimistic Most...

QUESTION 1 Based on project information on kitchen space renovation as prepared below, fill in the time estimates (t), activity variances (V) and answer all questions: Activity Predecessor Time...

1. Consider the following project. Time Estimates b (most likely) | (pessimistic) Immediate Activity | Predecessor(s) m (optimistic) B,C WW NV Mtoto C D, E (a) Compute (2 pts) the expected duration...

Pension Plan Financial Statements. The State of Nodak operates a Public Employees Retirement System (PERS) for all employees of the state. The preclosing trial balance of the PERS as of June 30,...

In biochemistry, the concept of enzyme kinetics is essential to understanding enzyme activity. Describe the Michaelis-Menten equation, including the significance of each parameter involved. B) The...

Handy Ltd sells household cleaning products as well as provides a cleaning service in South Africa. Handy Ltd has a 31 December 2022 financial reporting period end. Handy Ltd has entered in to a...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...