Question: Using the following project information, calculate the variance for each of the project activities. Activity Optimistic Time Estimate(weeks) Most Likely Time Estimates (weeks) Pessimistic Time
Using the following project information, calculate the variance for each of the project activities.
| Activity | Optimistic Time Estimate(weeks) | Most Likely Time Estimates (weeks) | Pessimistic Time Estimates (weeks) | Immediate Predecessor(s) | ||||
|---|---|---|---|---|---|---|---|---|
| A | 2 | 3 | 5 | none | ||||
| B | 2.5 | 4 | 5 | A | ||||
| C | 5 | 7 | 8 | A | ||||
| D | 3 | 5 | 7 | B,C | ||||
| E | 3 | 6 | 15 | B,C | ||||
| F | 2 | 5 | 8 | D | ||||
| G | 4 | 5 | 6 | E | ||||
| H | 6 | 6 | 8 | F | ||||
| I | 5 | 8 | 11 | G | ||||
| J | 2 | 3 | 3 | H,I |
(Round your answers to 2 decimal places, e.g. 1.75.)
| Activity | Variance |
|---|---|
| A | enter a variance rounded to 2 decimal places |
| B | enter a variance rounded to 2 decimal places |
| C | enter a variance rounded to 2 decimal places |
| D | enter a variance rounded to 2 decimal places |
| E | enter a variance rounded to 2 decimal places |
| F | enter a variance rounded to 2 decimal places |
| G | enter a variance rounded to 2 decimal places |
| H | enter a variance rounded to 2 decimal places |
| I | enter a variance rounded to 2 decimal places |
| J | enter a variance rounded to 2 decimal places |
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