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A project manager has compiled a list of major activities that will be required to install a computer information system in her firm. The list
A project manager has compiled a list of major activities that will be required to install a computer information system in her firm. The list includes estimated completion times for activities and precedence relationships.
Use Table B and Table B
Activity Immediate
Predecessor Estimated Times
weeks
A
D A
E D
H E
F A
G F
B
I B
J I
K J
C
M C
N M
O N
End H G K O
Click here for the Excel Data File
a Determine the mean and standard deviation for each of the following paths in the project. Round Mean and Standard Deviation to decimal places.
b If the project finishes within weeks of its start, the project manager receives a $ bonus. What is the probability of a $ bonus? Round zvalue to decimal places, and probability to decimal places.
c If the project finishes within weeks of its start, the project manager receives a $ bonus. What is the probability of a $ bonus? Round zvalue to decimal places, and probability to decimal places.
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