Question
Using the following project information, calculate the variance for each of the project activities. Activity Optimistic Time Estimate(weeks) Most Likely Time Estimates (weeks) Pessimistic Time
Using the following project information, calculate the variance for each of the project activities.
Activity | Optimistic Time Estimate(weeks) | Most Likely Time Estimates (weeks) | Pessimistic Time Estimates (weeks) | Immediate Predecessor(s) | ||||
---|---|---|---|---|---|---|---|---|
A | 2 | 3 | 5 | none | ||||
B | 2.5 | 4 | 5 | A | ||||
C | 5 | 7 | 8 | A | ||||
D | 3 | 5 | 7 | B,C | ||||
E | 3 | 6 | 15 | B,C | ||||
F | 2 | 5 | 8 | D | ||||
G | 4 | 5 | 6 | E | ||||
H | 6 | 6 | 8 | F | ||||
I | 5 | 8 | 11 | G | ||||
J | 2 | 3 | 3 | H,I |
(Round your answers to 2 decimal places, e.g. 1.75.)
Activity | Variance |
---|---|
A | enter a variance rounded to 2 decimal places |
B | enter a variance rounded to 2 decimal places |
C | enter a variance rounded to 2 decimal places |
D | enter a variance rounded to 2 decimal places |
E | enter a variance rounded to 2 decimal places |
F | enter a variance rounded to 2 decimal places |
G | enter a variance rounded to 2 decimal places |
H | enter a variance rounded to 2 decimal places |
I | enter a variance rounded to 2 decimal places |
J | enter a variance rounded to 2 decimal places |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored 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