Probability that the project will be completed in 17 months

Assignment Help Project Management
Reference no: EM131257015

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: EM131257015

Questions Cloud

Addresses the role of the brain and nervous system : Write a paper of 1,000-1,250 words that addresses the role of the brain, nervous system, sensory systems, and cognitive functions in shaping behavior. Include the following in your paper: A discussion of the role of the brain, nervous system, and s..
Find the voltage level of that signal : If a zero-order hold is used to generate the output signal, determine the voltage level of that signal.
Develop your request for proposal based on discussion board : You will also develop your request for proposal (RFP) based on Discussion Board. Prepare a table of the evaluation criteria that you will use to select your top vendor.
Determine the equation for the voltage : A DAC uses a reference voltage of 80 V and has 6-bit precision. In four successive sampling periods each 1 sec long. the binary data contained in the output register were 100000, 011111, 011101, and 011010.
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?
Microchip technologies eliminates : Sales Commissions Mitch Little started to question the conventional wisdom on sales commissions in the late 1990s, shortly after he became vice president for worldwide sales and applications at Microchip Technologies, a large semiconductor compan..
Write about both sides of the grievance union and management : Write about both sides of the grievance - both the union and management. Explain in paragraph form what the arguments are of both sides. Include a total of 4 arbitration cases that have been decided on similar facts. This means that you will explai..
Analysis of tfcs financial statements : Determine two strategies that TFC could utilize to reach its expansion goals. You may, for example, consider your analysis of TFC's financial statements, as well as your knowledge of TFC's excessive cash position.
Employees for a company to sustain a competitive advantage : Given the importance of employees for a company to sustain a competitive advantage, why do you think so many companies have engaged in layoffs, outsourcing, and off-shoring of work to other countries?

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