Question: You need to elaborate on the problem solving process and the calculation formula You carried out a PERT analysis of a very large activity-event network

You need to elaborate on the problem solving

You need to elaborate on the problem solving process and the calculation formula

You carried out a PERT analysis of a very large activity-event network using only slightly skewed or symmetric beta distribution models for the activity durations. Your analysis yields a mean duration of 56.2 time units for the critical path with a variance of 3.4. What is your best estimate of the probability of successful project completion in 57 time units or less? Provide your answer as a number between 0 and 1 with 3 decimals (3 digits after the decimal point, for example: 0.123)

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