Question: The PM estimates the project schedule duration approximately resembles a beta distribution. The shortest possible duration is 25 days. The longest the project could take
The PM estimates the project schedule duration approximately resembles a beta distribution. The shortest possible duration is 25 days. The longest the project could take is 65 days. The most likely duration is 50 days. What is the variance of this project
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
