Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

A construction firm from the Phuket Province of Thailand has a five activity project lined up for the coming month. They have had some

A construction firm from the Phuket Province of Thailand has a five activity project lined up for the coming month. They have had some difficulty getting firm estimates on the activity durations and have resorted to the three time estimates approach to plan the project. The activities and optimistic, most likely, and pessimistic estimates (in days) for each are shown in the table. Activity A B C D E 18.83 14.83 16.67 Predecessor 0.8849 A 0,3849 - What is the expected completion time for the project? 19.00 0.9641 D Optimistic 5 11 8 9 6 Most Likely 7 15 12 11 8 Expected completion time of the project 23 days Variance of project completion time - 2.77 What is the probability of completing the project over 20 days? 0.0359 Question 2 (2 points) Jos used a project management software package and has determined the following results for a given project: Pessimistic 10 18 15 12 10

Step by Step Solution

3.43 Rating (169 Votes )

There are 3 Steps involved in it

Step: 1

The correct answer is option A 1900 2 Th... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Project Management in Practice

Authors: Samuel J. Mantel Jr., Jack R. Meredith, Sco

4th edition

470533013, 978-0470533017

More Books

Students explore these related Accounting questions