Question: Consider the project network described in the table below where time estimates are given in weeks. What is the likelihood of the project being completed

Consider the project network described in the table below where time estimates are given in weeks.

What is the likelihood of the project being completed by a deadline of 25 weeks?

a.) 74%

b.) 26%

c.) 32%

d.) 10%

Activity Immediate Predecessor(s) J K L J M J N KM 0 KM P LAN Pessimistic Most Likely Optimistic Expected Variance Duration 15 10 8 ? ? 9 8 7 8 0.11 10 6 5 6.5 0.69 3 3 3 3 0 9 5 1 5 1.78 10 7 4 7 10 8 3 7.5 1.36 P N End Start M O K

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!

Moving to another question will save this response Question 18 of 25 Question 18 1 points Save As Consider the project network described in the table below where time estimates are given in weeks. A...

Question Completion Status Moving to another question will save this response Question 16 Question 16 of 25 1 points Save Anem Consider the project network described in the table below where time...

Remaining Time: 1 hour, 09 minutes, 28 seconds Question Completion Status Close Window Moving to another question will save this response Question 17 Qon 17 of 25 Consider the project network...

Close Window A Moving to another question will save this response. Question 20 of 25 Question 20 1 points Save An Consider the project network described in the table below where time estimates are...

Consider the project network described in the table below where time estimates are given in weeks. If activity K is delayed by six weeks, what would happen to the expected project duration? a.)...

I just need the project network diagram Activity Activity Description Activity Predecessor Time Estimates (weeks) O-m-p Order new machinery a 1-2-3 Plan new physical layout b 2-5-8 1-3-5 Determine...

Draw the project network diagram (based on Table 2S). 2) Using the data given in tables 1-3, a. Calculate the expected project duration. b. Report the ES, EF, LS, LF, and Slack Times in a table like...

(g). Using the initial project detailed information (on page 2), prepare an Excel summary table providing the expected profit or loss which TCAI can expect on this contract. TCAI Project Information...

How to solve these schedule? Program (or Project ) Evaluation and Review Technique (PERT) The CPM is well suited to projects that are repetitive in nature and/or involve activities whose duration...

Instructions The Unit Exercises are designed to reflect the understanding of key concepts and techniques of POM and evaluate students analytical skills. There will be 5 exercise sets during the...

What is the chill zone of a casting, and why does it form?

Bangalore Technologies wants to use brainstorming with its employees and customers to identify new uses for its technology. Advice Bangalores president about the potential benefits of brainstorming,...

17. The financial statements of a company are managements, not the accountants. Discuss the implications of this statement.

What is an example of constructive feedback? provide reference