A procurement officer discovers that the delivery time for a specific item is never less than 5
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A procurement officer discovers that the delivery time for a specific item is never less than 5 days. Ten days is the most frequent, but in the worst case scenario, it takes 30 days.
a. Calculate the expected delivery time.
b. Calculate the variance.
c. What factors would you take into account when deciding the amount of time to allow for delivery of the item in the project plan?
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Related Book For
Project Management For Engineering Business And Technology
ISBN: 9780367277345,9781000092561
6th Edition
Authors: John M. Nicholas , Herman Steyn
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