Question: Given a Project with the following activities and data: Activity Standard Deviation (0) in weeks 2 Critical Path? Yes Expected Time, TE (weeks) No Yes

Given a Project with the following activities andGiven a Project with the following activities and

Given a Project with the following activities and data: Activity Standard Deviation (0) in weeks 2 Critical Path? Yes Expected Time, TE (weeks) No Yes i. ii. iii. iv. v. vi. vii. viii. Add Balance Count Deduct Edit Finance Group Hold No Yes No Yes Yes 0 2 Find the following: a. (10 points). What is the Variance for each Activity on the Critical Path? Please place your answers (for Activities on the Critical Path only) in the worksheet (table) below (in column for Variance). (2 points for correct Variance * 5 Activities on the Critical Path = 10 points) Activity CD0 i. ii. iii. iv. v. vi. vii. viii. Add Balance Count Deduct Edit Finance Group Hold Standard Deviation Variance | Expected Time, TE (0) in weeks (o?) (weeks) 2 4 2 1 0 4 39 1 1 2 4 6 4 4 0 b. (2 point) What is the Sum of Variances across all Activities on the Critical Path? Place your answer in the box below (2 points for correct Sum of Variances * 1 Sum of Variances = 2 points) Sum of Variances (O) in Critical Path c. (2 points) What is the expected Project Duration (u)? Place your answer in the box below Expected Project Duration (u) in Weeks d. (15 points) Using the table on page 5 of this assignment, calculate Expected Project Duration, Sum of Variances in the Critical Path, and Z. Place your answers in the table below and your calculations in the box below. (2 points per Sum of Variances in Critical Path * 3 values = 6 points + 2 points per correct "Z" value * 3 "Z" values = 6 points) + 3 points for correct calculations. Probability Desired Project Duration (Weeks) 12 Expected Project Duration (u) in Weeks Sum of Vari- ances (o?) in Critical Path 13 16 Calculations: e. (4 points) What is the probability of completing the project in 12 weeks (or less)? Write your answers in the table below. Show your calculations in other box below. (2 Points for correct Probability for 12-Week Project Duration+ 2 points for correct calculations) Probability for 12-Week Project Duration or less Calculations

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