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A large construction company (Acme Construction) will be working on a project for the city of Touro, CA beginning next week. They are installing new
A large construction company (Acme Construction) will be working on a project for the city of Touro, CA beginning next week. They are installing new water lines at two major intersections. The project has a 16-week deadline from the start date, and the company expects to finish early in 15 weeks. From past experience, the project manager computes the standard deviation of the project to be 1.76 weeks.
- In reviewing the background materials, what is the probability of completing the project on time? Use the hand formula Z = (Due Date - Expected Date) / Standard Deviation. The due date and expected dates are both expressed in the number of weeks discussed in the problem stated above. After the Z score computation, then find the cumulative area to the left (or below) the computed Z-score.
- Let's assume two other projects (both are new water lines being installs in neighboring cities) managed by Acme Construction just finished. Elaborate on the types of resources should the company reallocate from those projects (the 2 other neighboring cities) to this current project (in the city of Touro, CA) to increase the probability of finishing on time? Justify your conclusions.
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