Question: Probability of Project Completion The formula for activity variance is: s 2 = [ ( b a ) / 6 ] 2 , where b
Probability of Project Completion
The formula for activity variance is:
sb a where b is the most pessimistic time and a is the most optimistic
The formula for project variance is:
Suppose our critical path had four activities with the following variances:
Activity A:
Activity B:
Activity C:
Activity D:
What is the Project variance?
What is the Project Standard Deviation?
Suppose our project has a critical path of days. What is the probability that the project will finish by day
How many extra days do we need to generate a chance of finishing on time?
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