Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Problem 9-10 (Algorithmic) The following estimates of activity times in days) are available for a small project: Activity Optimistic Most Probable Pessimistic A 2 3

image text in transcribed

Problem 9-10 (Algorithmic) The following estimates of activity times in days) are available for a small project: Activity Optimistic Most Probable Pessimistic A 2 3 4 B 9 10 11 C 7 7.5 11 D 5 9 11 E 6 8 9 F 3 4 5 a. Compute the expected activity completion times and the variance for each activity. If necessary, round your answer to two decimal places. Most Expected Times Activity Optimistic Probable Pessimistic Variance A 2 3 4 B 9 10 11 7 7.5 11 D 5 9 11 E 6 8 9 F 3 4 5 b. An analyst determined that the critical path consists of activities B-D-F. Compute the expected project completion time and the variance. If necessary, round your answer to two decimal places. Expected project completion time: Variance of projection completion time

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

The Oxford Handbook Of Hedge Funds

Authors: Douglas Cumming, Sofia Johan, Geoffrey Wood

1st Edition

0198840950, 978-0198840954

More Books

Students also viewed these Finance questions

Question

3. List ways to manage relationship dynamics

Answered: 1 week ago