Question: You are a Program Manager at Anderton Consumer Electronics and responsible for the project represented in the table below. You and your team have made
You are a Program Manager at Anderton Consumer Electronics and responsible for the project represented in the table below. You and your team have made estimates for "optimistic", "most likely", and "pessemistic" task durations. You have determined that the critical path is A-D-E.
Anderton Consumer Electronics
Activity
Optimistic Time
A
2 days
B
3 days
6 days
D
E
2 days
8 days
Most Likey Time
6 days
7 days
8 days
4 days
14 days
Pessimistic Time
14 days
11 days
10 days
8 days
20 days
Using PERT analysis - what is the duration of the project based on expected times? (round to one decimal place)
days
What is the project variance?
days (round to the nearest one decimal place)
Your boss at Anderton Consumer Electronics requires that the project be done in 27 days. How likely are you to complete the project within the required duration?
O A. 33%
O B. 75%
O C. 80%
O D. 25%
O E. 67%
Note: Use the simplified probablity table below if needed.
Z
0.67
0.84
1.04
1.28
1.64
Probability
75%
80%
85%
90%
95%
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