Question: FIRST, compute the expected time and variance for the activities (A, B, C, D). SECOND, Compute the expected (mean) time for the project completion. This

FIRST, compute the expected time and variance for the activities (A, B, C, D). SECOND, Compute the expected (mean) time for the project completion. This is the expected time for the critical path. Time estimates Optimistic Most Likely Pessimistic Expected Variance Activity (a) (b) Time (ET) (0) 41 50 59 B 54 60 66 C 58 70 82 D 32 41 44 Start End B D What is the expected project completion time? 120 220 070 0 100 0 101

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!

Now, compute the standard deviation of the critical path, then answer the question below. Activity A B D Time estimates Optimistic Most Likely Pessimistic Expected Variance (a) (6) Time (ET) 41 50 59...

FIRST, compute the expected time and variance for the activities (A, B, C, D). SECOND, Compute the expected (mean) time for the project completion. This is the expected time for the critical path....

What is the expected project completion time, What is the probability that this project will take more than128 days to be completed? (Here carry 3 decimals) FIRST, compute the expected time and...

Doug Casey is in charge of planning and coordinating next springs sales management training program for his company. Doug listed the following activity information for this project: Immediate Time...

a. Compute the expected time and variance for each activity. (10 points) b. Draw the PERT/CPM network for this project and determine the critical path and the expected duration of the project. (15...

PERT Problem Analyze the same problem with probabilistic activity times given. Activity Immediate Predecessors Most Optimistic Time Most Likely Time Most Pessimistic Time Expected Time (ET) Variance...

(a) Calculate Expected Time and Variance for the activities isdicated and complene me move arove: (b) Draw the Precedence Diagnam for the above projcet complete winh ES, EF, LS, and L.F. (e) Compute...

Can someone solve question 3? a m b 1 B 2 2 B 1 2 3 1 Logistics Management System (LMS) Project Maxispeed, a multinational company has planned to invest in a new project. This project is to develop...

Logistics Management System (LMS) Project Maxispeed, a multinational company has planned to invest in a new project. This project is to develop an alternative online management system that supports...

please do question 04 Logistics Management System (LMS) Project Maxispeed, a multinational company has planned to invest in a new project. This project is to develop an alternative online management...

A major bone of contention in recent years has been the prices charged for AIDS drugs in the developing world by Western pharmaceutical giants such as Merck and Glaxo-SmithKline. Several makers of...

1 With the TVM solver calculate the amounts at age 65 that would result from making a monthly deposit of $300 starting at age 16 into a saving account that earns 3% interest per annum, compounded...

A binding agreement that will ultimately result in an outlay is called? Allotment Apportionment Commitment Obligation

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...