Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scenario 2: A network consists of the following list. Times are given in weeks. (Keep two decimal place in your calculation) Activity Preceding Optimistic Probable

  1. Scenario 2: A network consists of the following list. Times are given in weeks. (Keep two decimal place in your calculation)
Activity Preceding Optimistic Probable Pessimistic Expected Time Variance
A -- 5 11 14
B - 3 3 9 4.00 1.00
C -- 6 10 14 10.00 1.78
D A, B 3 5 7 5.00 0.44
E B 4 6 11 6.50 1.36
F C 6 8 13 8.50 1.36
G D, E 2 4 6 4.00 0.44
H F 3 3 9 4.00 1.00

(3 points) a. Calculate the expected duration and variance of activity A (Keep two decimal place in your calculation & show your calculation steps). (3 points) b. Calculate the duration of the placescritical path. (3 points) c. Calculate the project variance and project standard deviation (Keep two decimal place in your calculation & show your calculation steps). (6 points) d. Calculate the probability that the project will be completed in more than 28 weeks (Keep two decimal place in your calculation, e.g. X.XX% & show your calculation steps).

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

Entrepreneurial Small Business

Authors: Jerome Katz, Richard Green

4th edition

78029422, 978-0077513009, 77513002, 978-0078029424

More Books

Students also viewed these General Management questions