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Calculating the desired probability value

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The following information has been gathered for a project:
TIME ESTIMATES (DAYS)
Activity Immediate Predecessor(s) Most Optimistic Most Likely Most Pessimistic
A ---- 6 9 12
B ---- 4 8 12
C A 5 6 7
D A 3 5 7
E B,D 4 7 10

What is the probability of completing the project given in Question 9 in 23 days, using the critical path?
Select one:

a. Greater than 85% but less than or equal to 95%
b. Less than or equal to 75%
c. Greater than 75% but less than or equal to 85%
d. Greater than 95%

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Solution Summary

This solution depicts the steps to estimate the probability value in the given case.

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  • BEng (Hons) , Birla Institute of Technology and Science, India
  • MSc (Hons) , Birla Institute of Technology and Science, India
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