Project Management: Critical Paths
Not what you're looking for?
Please help me to solve the following problem:
You are working on a project that has 12 activities. You determine that the critical path consists of only five activities. You then compute the variances for the five critical path activities and these variances are 3, 4, 2, 1, and 6 days. The desired completion date for the project is 44 days and the expected completion date for the project is 40 days. Which of the alternatives gives the probability that the project will be completed by the desired completion date?
Thank you.
Purchase this Solution
Solution Summary
Provides steps necessary to determine probability.
Solution Preview
Variance for the critical path = 3+4+2+1+6=16
Standard deviation for the critical path = 16^0.5=4 days
Assuming normal distribution of the ...
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations