Probability that the project will be completed in 17 months

Assignment Help Project Management
Reference no: EM131255941

Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht is 21 months, and the project variance is 4.

a) What is the probability that the project will be completed in 17 months?

b) What is the probability that the project will be completed in 20 months?

c) What is the probability that the project will be completed in 23 months?

d) What is the probability that the project will be completed in 25 months?

e) What is the due date that yields a 95% chance of completion?

Reference no: EM131255941

Questions Cloud

Power plays and abuse of power in health care organization : Suggest the major issues that you believe are the basis for most of the organizational power struggles within health care facilities. Propose a method that a health care facility could use to alleviate power imbalances within the organization.
Has the salesperson breached any express warranty : Has the salesperson breached any express warranty? Has the salesperson breached any implied warranty? Explain. If the salesperson demonstrates a color printer that meets all of the seller's requirement but then sells her a cheaper monochrome laser ..
Determine the through feed rate of cylindrical work parts : The inclination angle of the regulating wheel = 2.5. Determine the through feed rate of cylindrical work parts that are 25.0 mm in diameter and 175 mm long.
Analyze the importance of having a competitive advantage : Assess the value of dynamic strategic thinking, particularly in the health care environment. Speculate on the most significant potential consequences should a health care organization neglect to think strategically. Give at least one (1) specific ..
Probability that the project will be completed in 17 months : What is the probability that the project will be completed in 17 months? -  What is the probability that the project will be completed in 20 months?
Knowledge of the organizational communication concepts : The purpose of the COM425 Final Paper is to provide you with an opportunity to demonstrate your knowledge of the organizational communication concepts and skills that you have learned throughout this course
Determine average length per chip : In a surface grinding operation wheel diameter = 150 mm and in feed = 0.07 mm. Wheel speed = 1450 m/min, work speed = 0.25 m/s, and cross feed = 5 mm.
Why investing in any health care organization technology : Justify the primary reasons why investing in any health care organization's technology and information system should align with the overall organization's strategic goals. Speculate at least one (1) example of the potential adverse effects to the ..
Software engineering process methods and tools : 1. Describe the relationships among software engineering process methods and tools? 2. What are the primary advantages of the component based process model for Software engineering? 3. Describe the phases of the prototyping model for Software develop..

Reviews

Write a Review

Project Management Questions & Answers

  Create a project schedule and align resources

Create a project schedule and align resources, Analyze project schedule and resource allocation

  Managerial roles and gap analysis

Write a report on Managerial Roles and Gap Analysis

  Questionaire on project management

Questionaire on Project Management

  Describe the market growth rate for product

Describe the market growth rate for product and service.

  Prepare a work plan and project schedule - gantt chart

Design an online system for the human resources department to manage available job positions.

  Project risk management approach

How does a project risk management approach pro-vide an early warning signal for impending problems or issues

  Black-scholes options pricing model

Calculate the payoff and the profits for investments

  Describe the features or characteristics of product

Describe the features or characteristics of your product or service.

  Write paper on inventory management system

Write paper on Inventory Management System.

  Analysis of the overall project risk

Analysis of the overall project risk

  Investment and performance analysis

Evaluate the usefulness of ROCE

  Distribution strategy and project management

Distribution strategy and project management

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd