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Give an example of an activity that you might encounter in a project where duration cannot be determined with absolute certainty. For that example, provide
- Give an example of an activity that you might encounter in a project where duration cannot be determined with absolute certainty.
- For that example, provide an optimistic (a), pessimistic (b) and most likely (m) duration.
- How might you estimate these durations?
- What is the expected value duration (TE) for this activity?
- What is the standard deviation, assuming that the range of (a) to (b) covers 90% of all possible outcomes?
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