Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A project manager is managing an industrial project using a hybrid approach. The project team has estimated that a work package will most likely require

A project manager is managing an industrial project using a hybrid approach. The project team has estimated that a work package will most likely require 5 days to complete. If everything goes well, it could take only 3 days. However, in the worst-case scenario, it might take up to 13 days to complete. So, the team has decided to opt for the PERT method to set a final estimate. What is the expected duration of the work package using the PERT method?
6 days
5 days
8 days
7 days

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Quantitative Methods For Business

Authors: Donald Waters

5th Edition

273739476, 978-0273739470

More Books

Students also viewed these General Management questions

Question

2 Learn the meaning of absolute advantage and comparative advantage

Answered: 1 week ago

Question

In the Grossman model, optimal health status declines with age.

Answered: 1 week ago