Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

All five members of a project team add 15% to their individual serial activities as a safety margin and submit their time estimates to the

All five members of a project team add 15% to their individual serial activities as a safety margin and submit their time estimates to the project manager. The manager adds the activity length estimates together and adds 10% for his personal safety margin. Then, anticipating a cut by top management, he adds another 40% to his final project estimate. Much to his surprise, top management cuts 30% off his time estimate. How much of a cushion is now built into the project?

team's decision

15%

manager's first decision

10%

manager's second decision

40%

top manager's decision

-30%

Step by Step Solution

3.41 Rating (164 Votes )

There are 3 Steps involved in it

Step: 1

Total cushion built into the project follows Cushion by project team 20 First cushion by ma... 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

Step: 3

blur-text-image

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

Accounting Information Systems The Crossroads of Accounting & IT

Authors: Donna Kay, Ali Ovlia

2nd Edition

132991322, 978-0132991322

More Books

Students also viewed these Human Resource Management questions