Question: Using the Beta ( PERT ) Distribution method, how many hours would you estimate a task with the following parameters will take: Optimistic: 7 .

Using the Beta (PERT) Distribution method, how many hours would you estimate a task with the following parameters will take:
Optimistic: 7.5
Most Likely: 15
Pessimistic: 30
Using the Beta (PERT) Distribution method, how many hours would you

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!

Q:

Using the Triangular Distribution method, how many hours would you estimate a task with the following parameters will take: Optimistic: 7 . 5 Most Likely: 1 5 Pessimistic: 3 0

Q:

Using the Triangular Distribution method, how many hours would you estimate a task with the following parameters will take: Optimistic: 7 . 5 Most Likely: 1 5 Pessimistic: 3 0 1 7 . 5 1 5 9 . 3 1 0

Q:

Using the Triangular Distribution method, how many hours would you estimate a task with the following parameters will take: Optimistic: 7 . 5 Most Likely: 1 5 Pessimistic: 3 0

Q:

Question 1: calculate the expected duration for the following activity using Triangular Distribution and Beta (PERT) Distribution and then measure uncertainty for the estimate. Activity A 0=4 hours,...

Q:

Week 3 Discussion - Quantitative Risk Analysis and Modeling Techniques 99 unread replies.99 replies. This week we focused on risk. In the field of project management, there are a number of...

Q:

Answer the following questions. 1. Andrew hopes that it takes just 14 hours to prepare for an important presentation for prospective clients. It will probably take 16 however, and if some key things...

Q:

Lab: Project Management Monte-Carlo Assignment All of the discussion so far regarding project management, critical path method is based upon deterministic data. This means we know how long something...

Q:

17. In AOA networks, an activity of zero duration is called a(n) ________. a) dummy activity b) critical c) important d) critical activity 18. The __________ chart shows planned and actual progress...

Q:

Thank u guys:) This is the reference pages but the questions are the last 3 pictures . . . . Craft - Mason Wage rate VET $29.00 Hours worked 50 hours per week for 20 weeks and 40 hours per week for...

Q:

PROJECT MANAGEMENT ANALYSIS IN THE INTERNET FORECASTING INDUSTRY Bob Phillips, director of operations at B&W Systems, was put in charge of an important project. This assignment was the result of a...

Q:

Define energy, kinetic energy, potential energy, and internal energy.

Q:

Use the information for Monaco Company as presented in E7-20B. Monaco is planning to factor some accounts receivable at the end of the year. Accounts totaling $50,000 will be transferred to Credit...

Q:

SuperBank recently reviewed its monthly balanced scorecard to determine whether improvements made in response to customer satisfaction surveys are effective. What perspective within the balanced...

Q:

2. The force of interest 8 is a function of time and at any time t, measured in years, is given by the formula: 8(t) = 0.02 +0.0020 8(t) = 0.03 +0.005t Osts5 5 st s 10 a) Calculate the discount...