Question: What is the probability the project will take less than 22 days? 14. You are given the following data for a project: + Activity A

What is the probability the project will take less than 22 days?

What is the probability the project will take

14. You are given the following data for a project: + Activity A B D E F G H Expected Activity Time in Days 8 4 9 4 6 6 7 7 Variance 6.1 2.8 1.4 3.2 3.1 2.6 1.7 2.2 Critical Path YES YES NO YES NO NO YES YES What is the probability the project will take less than 22 days? a. 97.5% b. 16% c. 2.5% d. 0.00% e. 84%

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!

As a project manager you have the following data for your current project in a hospital. Expected Completion time 22 weeks Variance of the project 4 weeks. What is the probability this project will...

Given the following network with activities and times estimated in days, a. What are the critical path activities? b. What is the expected time to complete the project? c. What is the probability the...

Question 4 0 out of 1 points Consider the following PERT Network. Each Activity has 3 times - the optimistic, the most likely. and the pessimistic time. D 6.8.10 F ATS H 2.4.6 A 567 E 4.6.9 C 57.10 1...

Consider the following PERT Network. Each Activity has 3 times - the optimistic, the most likely, and the pessimistic time. What is the probability the project will take less than 32 days

What are the length, standard deviation, and probability the project will take less than 32 days of this PERT Network? QUESTION 3 Consider the following PERT Network. Each Activity has 3 times, the...

A Hide Time Remaining TIME DURATION 25 MINUTES MAX A project team has been organized at Manufacturing Technology Inc MTT) to design and develop y dello stumswohne new robot is called the Random...

please see attached document. and please be as dataling as possible with the aswers. thank you Quantitative Methods and Research Summer 2016 1. Demand for a popular athletic shoe is nearly constant...

FINAL EXAM Quantitative Methods and Research Spring 2017 1. Demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national retailer. The cost per...

You are going produce a brochure detailing your services as a marketing firm. Your firm's strongest point is conducting market research and your brochure should have 3 sections. Section A covering...

Discuss the significance of having a separate organizational unit for the HR function (reporting to the vice president of HR), as opposed to having the HR function housed within an administrative...

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...