Question: Using PERT, John Kerr was able to determine that the expected project completion tir for the construction of a yacht is 21 months and the

Using PERT, John Kerr was able to determine that

Using PERT, John Kerr was able to determine that the expected project completion tir for the construction of a yacht is 21 months and the project variance is 4. a) Determine the probability that the project will be completed in 17 months. [1mark] b) Determine the probability that the project will be completed in 25 months. [1 mark] c) Compare your answers for parts (a) and (b) the explain the significance of each. [3 marks]

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!