A construction firm from the Phuket Province of Thailand has a five activity project lined up...

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A construction firm from the Phuket Province of Thailand has a five activity project lined up for the coming month. They have had some difficulty getting firm estimates on the activity durations and have resorted to the three time estimates approach to plan the project. The activities and optimistic, most likely, and pessimistic estimates (in days) for each are shown in the table. Activity A B C D E 18.83 14.83 16.67 Predecessor 0.8849 A 0,3849 - What is the expected completion time for the project? 19.00 0.9641 D Optimistic 5 11 8 9 6 Most Likely 7 15 12 11 8 Expected completion time of the project 23 days Variance of project completion time - 2.77 What is the probability of completing the project over 20 days? 0.0359 Question 2 (2 points) Jos used a project management software package and has determined the following results for a given project: Pessimistic 10 18 15 12 10 A construction firm from the Phuket Province of Thailand has a five activity project lined up for the coming month. They have had some difficulty getting firm estimates on the activity durations and have resorted to the three time estimates approach to plan the project. The activities and optimistic, most likely, and pessimistic estimates (in days) for each are shown in the table. Activity A B C D E 18.83 14.83 16.67 Predecessor 0.8849 A 0,3849 - What is the expected completion time for the project? 19.00 0.9641 D Optimistic 5 11 8 9 6 Most Likely 7 15 12 11 8 Expected completion time of the project 23 days Variance of project completion time - 2.77 What is the probability of completing the project over 20 days? 0.0359 Question 2 (2 points) Jos used a project management software package and has determined the following results for a given project: Pessimistic 10 18 15 12 10

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The correct answer is option A 1900 2 Th... View the full answer