Question
PERT Scenario Consider a project that consists of 8 tasks with predecessors and task estimates as shown: Task Predecessor Min. Most Likely Max. Expected Time
PERT Scenario
Consider a project that consists of 8 tasks with predecessors and task estimates as shown:
Task | Predecessor | Min. | Most Likely | Max. | Expected Time | Variance |
A | - | 1 | 2 | 6 | 2.5 | 0.7 |
B | A | 4 | 7 | 8 | 6.7 | 0.4 |
C | A | 3 | 4 | 5 | 4.0 | 0.1 |
D | B, C | 7 | 8 | 12 | 8.5 | 0.7 |
E | D | 4 | 8 | 9 | 7.5 | 0.7 |
F | D | 3 | 6 | 9 | 6.0 | 1.0 |
G | D | 2 | 3 | 5 | 3.2 | 0.3 |
H | G | 5 | 6 | 8 | 6.2 | 0.3 |
What is the probability the project will be done in less than 30 days (express your answer rounded to the nearest percentage)?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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
Introduction to Managerial Accounting
Authors: Peter Brewer, Ray Garrison, Eric Noreen
7th edition
978-1259675539, 125967553X, 978-1259594168, 1259594165, 78025796, 978-0078025792
