Question: Using PERT, Ed Rose was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months and
Using PERT, Ed Rose 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.
- What is the probability that the project will be completed in 17 months or less?
- The probability of the project being completed in less than 17 months is 0.02275.
- What is the probability that the project will be completed in 20 months or less?
- The probability of the project being completed in less than 20 months is 0.30854
- What is the probability that the project will be completed in 23 months or less?
- The probability of the project being completed in less than 23 months is 0.84134
- What is the probability that the project will be completed in 25 months or less?
- The probability of the project being completed in less than 25 months is 0.97725
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