Why might a probabilistic estimate, Operation Management

Assignment Help:

Why might a probabilistic estimate of the project completion time base solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?


Related Discussions:- Why might a probabilistic estimate

Compute the average number of customers waiting at lhs, During busy periods...

During busy periods, a new customer walks into LHS every 15 mins. (with a standard deviation of 15 mins). At SHC, a customer walks in every hour (with a standard deviation of 1 hou

Explain receive advice from immediate supervisor, What are some of the poss...

What are some of the possible reasons Scott did not seek or receive advice from her immediate supervisor?

Define financial institutions in the recent financial crisis, Consider whet...

Consider whether the implementation of the Sarbanes-Oxley Act supports ethical behaviour. Specifically, address Title 3 of SOX and whether you think SOX worked for financial instit

Explain what is the makespan and machine idle time, Sequence the jobs shown...

Sequence the jobs shown below by using the Gantt chart. Assume that the move time between machines in one hour. Sequence the jobs in priority order 1,2,3,4. Job Work Center/Machine

Change Management in Process/Systems?, main principles of project managemen...

main principles of project management aiding the operations manager/manageress in introducing change to the process/system?

Cattell''s 16pf test is normally associated, Cattell's 16PF test is normall...

Cattell's 16PF test is normally associated with Employee selection

Explain project management body of knowledge, Definition of a Project" •Acc...

Definition of a Project" •According to the Project Management Body of Knowledge (PMBOK), explain one of the major knowledge areas and why it is important to project management. Eva

Explain business law deals with criminal law, Business law deals with crimi...

Business law deals with criminal law, tort law and contract law. Explain and illustrate each field and show how each field of law can affect a business.

Explain detrimental to effective group functioning, What is groupthink? Why...

What is groupthink? Why can groupthink be detrimental to effective group functioning?

Upper and lower control limits, Clerks at Lotsa Data Systems key in thousan...

Clerks at Lotsa Data Systems key in thousands of insurance records each day for a variety of client firms.  The process is in control but CEO Donna Lotsa wants to be sure that at

Write Your Message!

Captcha
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