Question: 26. Suppose that the critical path through a project network is: A-C-E. Using the probabilistic three-time-estimate method for activity times (assuming the Beta probability distribution),

26. Suppose that the critical path through a

26. Suppose that the critical path through a project network is: A-C-E. Using the probabilistic three-time-estimate method for activity times (assuming the Beta probability distribution), the following results were calculated: Activity Mean time in weeks | Variance in (mean duration times 20 4 42 16 38 16 C E Then the probability of completing the entire project in less than 91 weeks is A. 0.0668 B. 0.1587 C. 0.4013 D. 0.8413

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!

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...

1. Which of the following can be considered a project? The operation of an automobile production line that produces 400 autos every day. An outpatient clinic that processes over one hundred blood...

MBA / MIS 683 PROJECT MANAGEMENT HOMEWORK SUMMER 2016 Chapter1 1. Which of the following is not considered to be a characteristic of a project? A. An established objective B. A clear beginning and...

ASSIGNMENT-4 (week 12 to 14) QUANTITATIVE METHODS (STAT-201) Student Full Name: Student ID: CRN No.: Note: 1. All questions are compulsory. 2. Due date: December 28, 2016 11:59 PM. 3. Points:...

Section-I State whether the following statements are True or False. (16 = 6) 1- PERT is deterministic, whereas CPM is probabilistic. 2- PERT and CPM are quantitative analysis tools designed to...

Prepared by Gilberto Clavell Page 1 CHAPTER 3 PROJECT MANAGEMENT Chapter Abstract; The Project Manager is responsible for everything that is required to make the project a success - whether directly...

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...

he advantages of scheduling include all of the following EXCEPT: Group of answer choices provides absolute certainty about the end date is necessary in order to determine the workload on individuals...

NutriStar Energy, Inc. 10 S. Shafer development phase, a project owner, that will be you, is chosen The following case to oversee all four phases of the project and given a budget to develop a plan....

4. (38 points) The following information is given below about a project. Optimistic Time (weeks) Activity Most Likely Pessimistic Time (weeks) Time (weeks) mb Immediate Predecessor(s) 2 3 AB D, F E.G...

1. Given the following 3 x 3 linear system 3x - 2y + 5z = 2 4x - 7y - z = 19 5x - 6y + 4z 13 = (a) Solve the linear system by using Gaussian elimination. (b) Let A be the coefficient matrix of the...

Using the employee payroll entry from 6-4B, post the September 12 employee pay for Cosmic Comics to the selected General Ledger accounts below?

According to the Securities Act of 1 9 3 3 , only Blank _ _ _ _ _ _ and underwriters are not exempt from registering resales of securities . Multiple choice question. executives issuers insiders...

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...