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Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 22 months, and
Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 22 months, and the project variance is 16.
a) The probability that the project will be completed in 5 months = (round your response to four decimal places). b) The probability that the project will be completed in 20 months = (round your response to four decimal places). c) The probability that the project will be completed in 25 months = (round your response to four decimal places). d) The probability that the project will be completed in 37 months = (round your response to four decimal places). e) The due date that yields a 95% chance of completion = months (round your response to two decimal places)Step by Step Solution
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