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In Class Assignment: PERT & Crashing Most Pessimis D Likely Te tic ity Optimistic A 5 7 9 0.67 A 5 8 5.000 C. 4.
In Class Assignment: PERT & Crashing Most Pessimis D Likely Te tic ity Optimistic A 5 7 9 0.67 A 5 8 5.000 C. 4. 6 8. 6.000 E D 16 20 24 1.33 6 24 F 7 14 8.000 25 12.000 G 7 10 6 10 8 17 9.000 15 16 23 16 14.000 12 14 PERT ICI is a consulting firm that specializes in advising clients on big data. The firm's fixed constraint is time and would only like to take projects which have a high probability of completing in 70 days. The firm agrees it is best to take on projects with a 95% chance of meeting this duration. A) Identify the critical path for this project & expected duration (I've filled out some of the information for you to give you a head start) B) What is the probability of this project finishing in 70 days? C) What would you need to tell management the duration needs to be in order to have a 95% chance of being complete in 70 days? In Class Assignment: PERT & Crashing Most Pessimis D Likely Te tic ity Optimistic A 5 7 9 0.67 A 5 8 5.000 C. 4. 6 8. 6.000 E D 16 20 24 1.33 6 24 F 7 14 8.000 25 12.000 G 7 10 6 10 8 17 9.000 15 16 23 16 14.000 12 14 PERT ICI is a consulting firm that specializes in advising clients on big data. The firm's fixed constraint is time and would only like to take projects which have a high probability of completing in 70 days. The firm agrees it is best to take on projects with a 95% chance of meeting this duration. A) Identify the critical path for this project & expected duration (I've filled out some of the information for you to give you a head start) B) What is the probability of this project finishing in 70 days? C) What would you need to tell management the duration needs to be in order to have a 95% chance of being complete in 70 days
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