Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following estimates of activity times (in days) are available for a small project. Activity Optimistic Most Probable Pessimistic A 5 6.0 7 B 8

The following estimates of activity times (in days) are available for a small project.

Activity Optimistic Most Probable Pessimistic
A 5 6.0 7
B 8 9.0 10
C 7 7.5 11.5
D 7 9.0 10
E 6 7.0 9
F 6 7.0 8

(a)Compute the expected activity completion times and the variance for each activity. (Round your answers to two decimal places.)

Activity Expected Times Variance
A
B
C
D
E
F

(b)An analyst determined that the critical path consists of activities B-D-F. Compute the expected project completion time and the variance of this path. (Round your answers 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

Fraud Examination

Authors: W. Steve Albrecht

6th Edition

1337619671, 978-1337619677

More Books

Students also viewed these Accounting questions

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago