There are five activities on a project's critical path and they have standard deviations of 1, 1, 3, 5, 5 days. The standard deviation (in days) of the critical path is: OA. 8.8 OB.9.8 OC.7.8 COD.4.6 O.E. 10.2 OF 10.6
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- In reference to the attached image and data below: Step A we learned: Critical Path = A, B, H, I, J; Project Time = 40 Weeks; Total Cost = 364,000 Step B we learned: To crash the critical path I would crash A by 1 week, B by 2 week, H by 2 week and C by 3 week. This would not alter the critical path, only the time line. Steps C we learned: Modeling uncertainty in activity times. In this case I would use the activity times and determine the Variances and the Standard Deviation. Using “best case” (x) and “worst case” (y) scenarios for activity times the formula’s would be (x-y)/6 and (x-y)^2/36. What are the final recommendations for this case?A project consists of three tasks: A, B, and C. Task A is known to take five days forsure. Tasks B and C are each dependent on A. B takes five days. C takes seven dayswith a probability of 0.5 and three days with a probability of 0.5. What is the expectedcompletion time of the project?a. 8 daysb. 10 daysc. 11 daysd. 12 daysThere are four activities on the critical path. Coincidentally, the variances for their durations are 16, 16, 16, and 16. The standard deviation of the duration for the critical path is: a.64 b.4 c.8 d.16 e.2
- A project has a critical path with a duration of 20 weeks and a standard deviation of 4 weeks. There is a 35% chance the project will be completed in X weeks or less. What is X? Select the closest answer. a. 18.4 b. 15.8 c. 21.6 d. 24.2 e. 19.7Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (A) Based solely on the critical path, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.) (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)What is the definition of the latest completion time (LCT) of a project activity?a. LCT(Ai) = Max{LST(Aj) for which Ajis a successor of Ai}b. LCT(Ai) = Min{LST(Aj) for which Ajis a successor of Ai}c. LCT(Ai) = Max{LST(Aj) for which Ajis a predecessor of Ai}d. LCT(Ai) = Min{LST(Aj) for which Ajis a predecessor of Ai}
- In reference to the attached image and data below: What are the final recommendations? Step A we know: Critical Path = A, B, H, I, J; Project Time = 40 Weeks; Total Cost = 364,000 Step B we know: To crash the critical path I would crash A by 1 week, B by 2 week, H by 2 week and C by 3 week. This would not alter the critical path, only the time line. Steps C we know: Modeling uncertainty in activity times. In this case I would use the activity times and determine the Variances and the Standard Deviation. Using “best case” (x) and “worst case” (y) scenarios for activity times the formula’s would be (x-y)/6 and (x-y)^2/36.Coleman Rich Control Devices, Inc., produces custom-built relay devices for auto makers. The most recent project undertaken by Rich requires 14 different activities. Rich's managers would like to determine the total project completion time (in days) and those activities that lie along the critical path. The appropriate data are shown in the following table: Time (days) Immediate Time (days) Immediate Activity a m b Predecessor(s) Activity a m b Predecessor(s) A 4 7 8 — H 3 3 6 E, F B 1 2 3 — I 3 7 9 G, H C 7 7 7 A J 2 6 9 I D 6 9 13 A K 8 9…there are four project baselines. Scope baseline Schedule baseline Cost baseline Performance measurement baseline Pick one of the baselines above, explain it, and tell us how it is applied to monitor and control a project. If possible, use the Getta Byte Project to provide examples.
- A project has the following tasks and duration estimates given. These three tasks are done in succession on a project. Task Optimistic Estimate Most Likely Estimate Pessimistic Estimate Alpha 30 days 40 days 50 days Beta 20 days 25 days 28 days Charlie 4 days 10 days 12 days Delta 25 days 30 days 50 days What is the expected duration for the project? (3 points) What is the variance for the project? (3 points) What is the standard deviation of the project? (3 points) What is the range of the duration of the project given 3 sigma? (3 points)Answer all. What are the critical activities? What is the expected project duration? calculate the variance of the project What is the standard deviation (te) for the project? Suppose that management allotted 13-unit time for the project. What is the probability that we will meet the 13-unit time deadline? If management wants to have a 0.99 probability of meeting the time, what should be the scheduled project duration?Management Firm is a consulting company that specializes in the development of decision support systems. Time (Weeks) Activity Description ImmediatePredecessor Optimistic Most Probable Pessimistic A Report generation 2 8 12 B Web scraping 4 9 11 C Testing A, B 1 1 1 (b) Using all paths through the project network, estimate the probability that the project will be complete within 11 weeks. (Round your answer to four decimal places.)