The project described in the following table is scheduled to be completed in 11 weeks. Construct a
Question:
a. If you were the manager of this project, would you be concerned? Explain.
b. If there is a penalty of $ 5,000 a week for each week the project is late, what is the probability of incurring a penalty of at least $5,000?
Transcribed Image Text:
Estimated Time Standard 6 Path Activity (weeks) Deviation (wks.) 0.70 0.90 0.62 1.90
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