Question: Activity Predecessor Optimistic O Most likely M Pessimistic b A - 5 8 17 B - 7 10 13 C A 3 5 7 D

Activity

Predecessor

Optimistic

O

Most likely

M

Pessimistic

b

A

-

5

8

17

B

-

7

10

13

C

A

3

5

7

D

A

1

3

5

E

A, C

4

6

8

F

B, C

3

3

3

G

D, E

3

4

5

By using evaluating and reviewing the project (PERT) ?

  1. What is the expected time to finish the project? And the project completion time variation?
  2. If the contractor is liable to pay a penalty of $ 300,000 if the implementation of the project is delayed for more than a month from the expected completion time of the project, then what is the likelihood that the contractor will be obligated to pay the penalty?

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!