Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Given your results above and the project to modify an existing PRODUCT which your team has worked on previously, which duration estimate, the low end
Given your results above and the project to modify an existing PRODUCT which your team has worked on previously, which duration estimate, the low end or high end, will you use in your project schedule?
Activity P M PERT or Expected Duration O Activity Standard Deviation PERT = SD = (P(O+4M+P)/ O)/6 6 Task A Task B Task C Task D Task E Task F Task G Task H Task I 23 66 44 56 15 37 67 32 41 17 31 30 21 10 17 42 27 31 5 21 20 11 8 7 28 21 21 16.00 35.17 30.67 25.17 10.50 18.67 43.83 26.83 31.00 381 226 142 237.83 3.00 7.50 4.00 7.50 1.17 5.00 6.50 1.83 3.33 Range of the Estimate (low end) Range of the Estimate (high end) 95% confidence level 95% confidence level = PERT - (2*SD) #NAME? 10.00 20.17 22.67 10.17 8.17 8.67 30.83 23.17 24.33 22.00 50.17 38.67 40.17 12.83 28.67 56.83 30.50 37.67 158.17 317.50 vStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started