Question

The following represents a project that should be scheduled using CPM: TIMES (DAYS) IMMEDIATE b ACTIVITY PREDECESSORS m a 1 4c. What is the expected project completion time? (Do not round intermediate calculations. Round your answer to 3 decimal plac

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Answer #1

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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

C15 2 Activity 3 A 5c 6o 7 E 8 F 9 G 10 H Expected completion time =(B3+D3+4*C3)/6 =(B4+D4+4*C4)/6 =(B5+D5+4*C5)/6 =(B6+D6+4*

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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