Question: What is the probability that the critical path for this project will be completed within 75 days? 80 days? 85 days? 90 days? Within what

What is the probability that the critical path

What is the probability that the critical path for this project will be completed within 75 days? 80 days? 85 days? 90 days?

Within what amount of time is there a 90% probability that the critical path for this project will be completed? 95%? 99%?

Activity Start Finish Optimistic Most likely Most likely Pessimistic Te v o A 1 2 9 15 27 16 9 3 B 1 3 13 21 29 21 7.11 2.667 c 2 4 6 9 12 9 1 1 D 2 5 23 35 35 33 4 12 2 E 3 5 19 26 51 29 28.44 5.333 F 4 6 23 29 35 29 4 2 G 5 6 14 20 20 19 1 1 H 6 7 2 5 8 5 1 1 1 activity start finish te ES EF LS LF slack 1 2 16 0 16 1 17 1 B 1 3 21 0 21 0 21 0 2 4 9 16 25 31 40 15 D 2 5 33 16 49 17 50 1 E 3 5 29 21 50 21 50 0 F 4 6 29 25 54 40 69 15 G 5 6 19 50 69 50 69 O H 6 7 7 5 69 74 69 74 0

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!

What is the probability that the critical path for this project will be completed within 75 weeks? 80 weeks? 85 weeks? 90 weeks? ACTIVITY IMMEDIATE PREDECESSOR(S) DURATIONS (WEEKS) OPTIMISTIC MOST...

b . Estimated expected ( mean ) time and standard deviation ( in days ) for project completion c . Probability that the critical path for this project will be completed within 7 0 days Given the...

Q-1 The manager of a National Forest is about to undertake a reforestation project in a burned out area. The project will involve the following six activities: ACTIVITY IMMEDIATE PREDECESSOR(S)...

Consider the following work breakdown structure: \ table [ [ , Start,Finish,Duration Estimate ( Days ) , ] , [ Activity , Node,Node,Optimistic,Most Likely,Pessimistic ] , [ A , 1 , 2 , 9 , 1 5 , 2 1...

The following table contains information about a project. Use it to answer the problems 33 - 34: The Project Manager is about to begin a project comprised of the following six activities: Time...

PROBLEM C The following table contains information about a project. Use it to answer the problems 33 - 34: The Project Manager is about to begin a project comprised of the following six activities:...

Duration Estimates (Days) Activity Precedes Optimistic Most Likely Pessimistic Start U, V U W 35 50 65 v W, X 28 40 52 W z 26 35 44 Y 28 40 52 Y Z 26 29 38 Z End 36 60 84 What is the probability that...

An activity on a probablistic time network diagram has these time estimates: optimistic =2, most likely =3, and pessimistic = 10. What is its expected actibity t and variance? Expected time: 5...

The following table contains information about a project. Use it to answer the problems 3 3 - 3 4 : The Project Manager is about to begin a project comprised of the following six activities: Time...

12 Consider the following work breakdown structure: Time Estimates (days)) Most Likely Activity Precedes Optimistic Pessimistic Start A,B nts ABCDEE C,D 44 50 56 D 45 60 75 E 42 45 48 F 31 40 49 F 27...

On Jan 1, 20Y1, RTX Co. had a balance of $1,500 in their Inventory account. Purchases during the period were $24,000 on terms, 2/10, n30. Purchase returns were $2,000 and transportation paid by RTX...

Suppose a hedge fund provides that the management fees are 1 percent of the total assets plus 20 percent of the profits annually. The gross returns are show below: Annualized Rate of Return Total...

P1.21 The potential of employing two or more helicopters for transporting payloads that are too heavy for a single helicopter is a well-addressed issue in the civil and military rotorcraft design...

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...