b.
Activity | a | m | b | Expected completion time | variance |
A | 1 | 4 | 7 | 4 | 1 |
B | 3 | 5 | 10 | 5.5 | 1.361111 |
C | 2 | 5 | 8 | 5 | 1 |
D | 4 | 6 | 11 | 6.5 | 1.361111 |
E | 1 | 2 | 3 | 2 | 0.111111 |
F | 3 | 5 | 7 | 5 | 0.444444 |
G | 1 | 2 | 6 | 2.5 | 0.694444 |
H | 2 | 5 | 6 | 4.666666667 | 0.444444 |
Path | Duration | Variance |
A-C-F-H | 18.66667 | |
A-D-F-H | 20.16667 | 3.25 |
A-D-G-H | 17.66667 | |
B-E-G-H | 14.66667 |
Critical path is the longest path which is A-D-F-H
Formula
c. Project completion time = Duration of critical path = 20.167 days(Rounded to 3 decimals)
d.
Project variance = Sum of variances of critical activities = 1+1.361111+0.444444+0.444444 = 3.25
Project standard deviation = sqrt(Project variance ) = sqrt(3.25) = 1.802775638
We know,
z = (x-expected completion time)/project standard deviation
= (22-20.167)/1.802775638
= 1.01676546 = 1.02 (Rounded to 2 decimal places)
corresponding probability = NORM.S.DIST(1.02,TRUE) = 0.84613577 = 0.8461(Rounded to 4 decimal places)
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