The document describes a project with 9 activities and provides the optimistic, most likely, and pessimistic time estimates for completing each activity. It asks to:
1) Calculate the expected duration and variance of each activity
2) Draw the project network
3) Identify the critical path and expected project completion time
4) Calculate the probability of completing the project within 35 months
The document describes a project with 9 activities and provides the optimistic, most likely, and pessimistic time estimates for completing each activity. It asks to:
1) Calculate the expected duration and variance of each activity
2) Draw the project network
3) Identify the critical path and expected project completion time
4) Calculate the probability of completing the project within 35 months
The document describes a project with 9 activities and provides the optimistic, most likely, and pessimistic time estimates for completing each activity. It asks to:
1) Calculate the expected duration and variance of each activity
2) Draw the project network
3) Identify the critical path and expected project completion time
4) Calculate the probability of completing the project within 35 months
(a) Find the expected duration and variance of each activity
(b) Draw a project network (c) Find the critical path and corresponding expected project completion time (d) What is the probability of completing the project on or before 35 months? Expected Activity Time estimates (months) duration Variance Optimistic Most likely Pessimistic (Months) 1-2 3 6 15 7 4 1-6 2 5 14 6 4 2-3 6 12 30 14 16 2-4 2 5 8 5 1 3-5 5 11 17 11 4 4-5 3 6 15 7 4 6-7 3 9 27 11 16 5-8 1 4 25 7 16 7-8 4 19 22 17 9
Ciriticcal Path 1-2-3-5-8
Expected duration of project 39 months total variance for critical activities 40 Standard Dev 6.324555320337 Z -0.632455532 Required probability 0.263544628433 14 2 3