Question: Q A project has the specifications as shown in the following table. a = Optimistic time b = Pessimistic time m = Most likely time.
Q
A project has the specifications as shown in the following table.
a = Optimistic time
b = Pessimistic time
m = Most likely time.
All times are in months
| Activity | Immediate Predecessors | a | b | m | Mean | St. Dev. | Variance |
| A | None | 2 | 8 | 5 |
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| B | None | 3 | 3 | 3 |
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| C | A | 7 | 12 | 8 |
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| D | B, C | 3 | 5 | 4 |
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| E | B | 5 | 12 | 10 |
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| F | D | 10 | 18 | 14 |
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| G | E, F | 4 | 10 | 7 |
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- Develop a project network diagram. (Marks 4)
- Determine the expected project completion time. (Marks 4)
- Identify the critical activities. (Marks 4)
- Calculate the standard deviation of the expected project completion time. (Marks 2)
- What is the probability that the project will be completed one month earlier than the expected completion time? (Marks 3)
- What is the probability that the project will be delayed by one month from its expected completion time? (Marks 3)
- You must show all the workings or steps of your solution. Merely answer does not carry any mark.
- This assignment will be marked out of 20 and then converted to out of 5.
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