Question: Given an expected project completion time of 26 weeks and a project variance of 9 weeks, what is the approximate probability of completing the project

Given an expected project completion time of 26

Given an expected project completion time of 26 weeks and a project variance of 9 weeks, what is the approximate probability of completing the project within 20 weeks (TC)? Pick the closest answer from provided options. Normal distribution table is available on BB/Course Documents or can be computed using Excel Z=(TC - Te)/Project std deviation, where Tc = desired project completion time: Te = expected project completion time: Std deviation - Sq root of Variance 0.0255 0.2200 0.0228 0.7611

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!