Question: Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and
Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4 .
a) The probability that the project will be completed in months 17 = (round your response to four decimal places).
b) The probability that the project will be completed in months 20 = (round your response to four decimal places).
c) The probability that the project will be completed in months 23 = (round your response to four decimal places).
d) The probability that the project will be completed in months 25 = (round your response to four decimal places).
e) The due date that yields a 95% chance of completion = months (round your response to two decimal places).
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
