Question: Looking at question 1 a-d being completed, I don't know how to do e-h. can you please help? Question 1 (47 points): Uncertainty of Project

Looking at question 1 a-d being completed, I don't know how to do e-h. can you please help?Looking at question 1 a-d being completed, ILooking at question 1 a-d being completed, ILooking at question 1 a-d being completed, ILooking at question 1 a-d being completed, I

Question 1 (47 points): Uncertainty of Project Completion Time Given a Project with the following activities and data: Critical Path? Yes No Yes Activity Standard Deviation (0) in weeks i. Add 2 ii. Balance iii. Count 0 iv. Deduct 3 v. Edit vi. Finance 12 vii. Group viii. Hold Expected Time, TE (weeks) 2 3 4 2 1 6 4 2 No Yes No Yes Yes 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 Standard Deviation (0) in weeks 2 1 Expected Time, TE (03) (weeks) 4 12 1 3 04 9 2 i. ii. iii. iv. v. vi. vii. viii. Add Balance Count Deduct Edit Finance Group Hold 2 2 0 4 4 0 6 4 2 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 (0%) in Critical Path Due Tuesday, April 14, 2020 at 6 pm Question 1: Uncertainty of Project Completion Time (continued) 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. Z Probability Desired Project Duration (Weeks) 12 13 16 Expected Project Duration (u) in Weeks 13 Sum of Vari- ances (o) in Critical Path 13 9 -0.33 0.00 1.00 0.3707 0.5 0.8413 13 Calculations: 12-13/sqrt9 13-13/sqrt9 16-13/sqrt9 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: Question 1: Uncertainty of Project Completion Time (continued) f. (4 points) What is the probability of completing the project in 13 weeks (or less)? ace your answers in the table below (2 Points for correct Probability for 13-Week Project Duration + 2 points for correct calculations) Probability for 13-Week Project Duration or less Calculations: g. (4 points) What is the probability of completing the project in 16 weeks (or less) (2 Points for correct Probability for 16-Week Project Duration + 2 points for correct calculations) Probability for 16-Week Project Duration or less Calculations: Question 1: Uncertainty of Project Completion Time (continued) h. (4 points) For a 92.5 percent chance of completing the project on time, what are the Required Project Duration and Z-value? (2 points per Value * 2 values = 4 points) + 2 points for correct calculations Probability Required Expected Project Project Dura- Duration (Wks.) | tion (u) (Wks.) Sum of Variances (o?) in Critical Path 92.5% Calculations: e-Homes SOM 46

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