Question: Using the below Program Evaluation and Review Technique (PERT) activity table, calculate the expected value and variance of each activity and state and interpret the
Using the below Program Evaluation and Review Technique (PERT) activity table, calculate the expected value and variance of each activity and state and interpret the standard deviation of the overall project.
*PLEASE SHOW ALL CALCULATIONS*
Activity | Predecessors | Optimistic (a) | Most Likely (m) | Pessimistic (b) |
A | - | 2 | 3 | 4 |
B | - | 3 | 4 | 5 |
C | B | 3 | 5 | 6 |
D | A | 2 | 2 | 2 |
E | D | 1 | 4 | 5 |
F | D | 2 | 3 | 4 |
G | C,F | 1 | 3 | 5 |
H | E,G | 3 | 5 | 6 |
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