Question: Given the following project: a)Calculate the expected time (TE) and variance for each activity. b)Find the probably that the project will be completed in 38

Given the following project:

Given the following project: a)Calculate the

a)Calculate the expected time (TE) and variance for each activity.

b)Find the probably that the project will be completed in 38 days if the time estimates were at a 90% level.

c)Find the probably that the project will be completed in 38 days if the time estimates given were at a 95% level.

d)What time would it take to complete the project if you were 99% sure given a 90% level for time estimates?

Pess. Optimistic time Task Predecesors Normal time a - - IOT MOO D,E F,G

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!

Q:

Frank Knight, a famous economist, was well-known for saying It aint ignorance that does the most damage; its knowing so derned much that aint so. If the myths listed above are not, in fact, true,...

Q:

Enter the following information into an Excel spreadsheet. The time estimates were made at the 9 0 percent level ( see Section 5 . 2 , Calculating Probabilistic Activity Times subsection ) . All...

Q:

Please answer all parts. a - 5 | | 9 a e 12 8 12 20 5.10) Enter the following information into an Excel spreadsheet. The time estimates were made at the 90 percent level (see Section 5.2, Calculating...

Q:

- Just refer to the tables - Draw an AON diagram - Find ES, EF, LS, LF - Find critical Paths and activities 28. Enter the following information into an Excel spreadsheet. The time estimates were made...

Q:

The following table represents the set of activities required to complete a project, along with their time estimates for PERT calculations. a. Using the data in the table, calculate the expected time...

Q:

A project has been defined to contain the following list of activities, along with their required times for completion: Activity Time (days) Immediate Predecessors B 4 3 A D 7 A E 6 B F 2 CD G 7 EF H...

Q:

Draw the network. ( You may use MSP or draw an AOA or AON network by hand. ) Using Excel , calculate the expected time ( TE ) and variance for each activity. Using the expected times, find the path...

Q:

A project has been defined to contain the following activities, along with their time estimates for completion: Time Estimates (weeks) Activity a M b Immediate Predecessor A 1 4 7 B 2. 6 7 A 3 4 6 D...

Q:

A project has been defined to contain the following activities, along with their time estimates for completion: Time Estimates (weeks) Activity a m b Immediate Predecessor A 1 7 B 2 7 3 6 D 6 14 E 3...

Q:

A project has been defined to contain the following activities, along with their time estimates for completion: Time Estimates (wecks) Activity a b Immediate Predecessor A 1 4 7 B 2 6 7 3 4 6 D D 6...

Q:

4. Kelle Carpet and Trim installs carpet in commercial offices. Peter Kelle has been very concerned with the amount of time it took to complete several recent jobs. Some of his workers are very...

Q:

1. Typically, the first stage in animal development after zygote formation is a solid ball of cells called the A) B) C) D) blastula morula gastrula planula 2. Other than Radiata, eumetazoans are A)...

Q:

Using the test model data, design a column chart that will show the components of cash flow from operating activities (net income etc.) Snanna Company reported a net income of $105.000 for the...

Q:

1 2 Hide evtion 7 ower slived lined out of 0 Cray Research sold a super computer to the Max Planck Institute in Germany on credit and involced E 1 0 million payable in sk months. Currently, the ske -...

Q:

1.Hemoglobin levels in 11-year-old boys vary according to a normal distribution with =1.2 g/dL. a)How large a sample is needed to estimate with 95% confidence so the margin of error is no greater...