Question: If a project has an expected (average) completion time of 15 and standard deviation of 1.70, what due date should the team set if they

If a project has an expected (average) completion

If a project has an expected (average) completion time of 15 and standard deviation of 1.70, what due date should the team set if they want to be 99% sure that they will complete the project on time? Note: Only round your final answer to 2 decimal places. Your

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:

Determine the critical path(s). (b) Determine the expected time of project completion and its standard deviation. (c) Determine the due date (in number of weeks) under which the project has a 90%...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) Instructor: to your instructor. The tabs (bottom of each...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

Welcome! Please read this page (in particular) very carefully. Instructions You need to understand how to send your assignments (deliverables) to your instructor. The tabs (bottom of each sheet) in...

Q:

1. Was the chairman of the US company wrong for not having found out in advance about Japanese business practice? Explain. 2. Were the Japanese wrong for not having found out about US business...

Q:

Using internal control to restrict illegal or unethical behavior Required For each of the following fraudulent acts, describe one or more internal control procedures that could have prevented (or...

Q:

Inc. uses packing machines to prepare its products for shipping. One machine costs $ 1 5 0 , 0 0 0 and can operate for five years before it needs to be replaced. The operating cost per year is $ 2 0...

Q:

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...