Question: Problem 11 - The table and diagram below provide information related to a hypothetical project. Using the information provided answer the questions below the diagram.

Problem 11 - The table and diagram below provide
Problem 11 - The table and diagram below provide
Problem 11 - The table and diagram below provide information related to a hypothetical project. Using the information provided answer the questions below the diagram. Task Ontimistis Most Likely Pessimistic to 1 8 9 7 B 7 9 11 9 6 18 24 17 D 8 12 22 13 E 12 21 24 20 F 9 17 25 17 G 11 13 15 13 H 7 12 17 12 5 7 21 9 15 17 25 18 K 15 19 29 20 L 18 19 20 19 M 5 10 27 12 7-> A D G > J 18 A 13 13 L 19 B E H Start > 20 Finish K M 20 12 F 17 17 35 1. What is the critical path for this project? 36 The critical pattern is C-F-H-K-M 87 38 2. What is the slack on each activity? 9 30 11 12 13 3. What is the probability of completing the critical path in 80 weeks? 14 (80-78)/ square root (37.78)=0.325 15 The probability of completing the critical path in 80 weeks 0.6274 or 62.74%. 36 17 18 4. What completion time would give you a 99% confidence of completing the project on-time? 19 The time needed is 78+2.32*square root of (37.78)=92.25 weeks 50 51

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!