Question

2. You are in charge of planning and coordinating next fall's sales management training program ur company. You have never done this before, but you decided to use the lessons from for yo your BUS 190 class to develop a table of tasks to be done, their immediate predecessors, and the most pessimistic, optimistic, and frequent times for each task. The table you developed is below: Task completion time estimate (weeks) Most Immediate Variance Task Predecessor Optimistic probable Pessimistic Mean 2.5 1.5 2.5 2.5 1.5 1.5 B,D0.5 B,D F,H 3.5 1.5 Fill in the values for the mean task time in the appropriate column. Show the formula you used below a. b. On the next page, draw the CPM/PERT diagram, filling in the values for the task times earliest and latest start and finish. What is the expected project completion time? c. What is the critical path? d. e. Calculate the appropriate variances in the table above. What is the overall project variance? What is the overall project SD? f. If you want a 99% probability of completing the project on time, how far ahead of the scheduled meeting should you begin working on the project?

Answer 1

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