Table 1

The contract for a project is 72 days

May 15, 2023

Activity IPA Te ES EF LS LF TF σ σ2
A - 0 0 0 0 0 0 0 0
B A 16.33 0 16.33 5.66 21.99 5.66 - -
C A 14.33 0 14.33 0 14.33 0 1.67 2.78
D B 28.5 16.33 44.83 21.99 50.49 5.66 - -
E C 17.33 14.33 31.66 14.33 31.66 0 1.33 1.78
F D 14.67 44.83 59.5 50.49 65.16 5.66 - -
G E 33.5 31.66 65.16 31.66 65.16 0 2.83 8.03
H G,F 0 65.16 65.16 65.16 65.16 0 0 0
Along with A, C, E, G, and H= 0 + 14.33 + 17.33 + 33.5 + 0 √
= 65 days
Standard Deviation of whole project along with C, E, and G= 12.59 = 3.5482

1
 A. What is the chance (in percent) of meeting the schedule?
Let Ts = 72 days:
z= 72 - 65/ 3.55 = 1.97 (Probability: 0.9756 or 97.56 percent)
B. Assume the ownner delays the job start by 3 days. What is the probability
(in percent) that the project will still finish at the orginally scheduled
completion date?
Let Ts = 69 days:
z= 69 - 65 / 3.55 = 1.13 (Probability: 0.8708 or 87.08 percent)
C. What is the probabilities (in percent of completing project:
i. 55 days or less:
z= 55 - 65 / 3.55 = -2.82 (Probability: 0.0024 or 0.24 percent)
ii. more than 60 days:
z= 60 - 65 / 3.55 = -1.41 (1 -0.0793) (Probability: 0.9207or 92.07 percent)
iii. between 65 and 70 days:
z= 65 - 65 / 3.55 = 0 (0.50000) z= 70 - 65 / 3.55 =1.41 (0.92073)
(The probability to complete between 65 days and 70 days is: 0.9207-0.5000=
0.4207 or 42.07 percent)