Using the following project information, calculate the variance for each of the project activities. Activity Optimistic Time
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Question:
Using the following project information, calculate the variance for each of the project activities.
Activity | Optimistic Time | Most Likely Time | Pessimistic Time | Immediate | ||||
---|---|---|---|---|---|---|---|---|
A | 2 | 3 | 5 | none | ||||
B | 2.5 | 4 | 5 | A | ||||
C | 5 | 7 | 8 | A | ||||
D | 3 | 5 | 7 | B,C | ||||
E | 5 | 6 | 14 | B,C | ||||
F | 2 | 5 | 8 | D | ||||
G | 4 | 5 | 6 | E | ||||
H | 6 | 6 | 8 | F | ||||
I | 3 | 9 | 11 | G | ||||
J | 2 | 3 | 3 | H,I |
(Round your answers to 2 decimal places, e.g. 1.75.)
Activity | Variance |
---|---|
A | |
B | |
C | |
D | |
E | |
F | |
G | |
H | |
I | |
J |
Related Book For
Operations Management An Integrated Approach
ISBN: 9781119497387
7th Edition
Authors: R. Dan Reid, Nada R. Sanders
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