Consider the following scenario: (Time in weeks) Activity Preceding Optimistic Most Likely Pessimistic A 1 6. B 6. 13 C 3. 4. 8. В, С 6. E A, B 4. F 3 G 3 H. F, G 4 13 Choose correct answer and it is equal to 1.Project variance is the sum of the variances of all activities; 4.15 sum of the variances of critical path activities; 6.14 sum of the variances of all activities; 7.04 sum of the variances of critical path activities; 4.722 2Project Standard deviation is equal to 3.172 3.280 6.456 2.173 3. Determine the "Project's Expected Date of Completion" if the probability of completion is 96.712% * 20 weeks 14 weeks 18 weeks 26 woolca

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Consider the following scenario: (Time in weeks)
Activity
Preceding
Optimistic
Most Likely
Pessimistic
1
6.
5
6.
13
C
4
8
D
В, С
4.
6.
E
A, B
4
F
3
6.
G
E
3
5
H
F, G
4
13
Choose correct answer
1.Project variance is the
sum of the variances of all activities; 4.15
sum of the variances of critical path activities; 6.14
sum of the variances of all activities; 7.04
sum of the variances of critical path activities; 4.722
and it is equal to *
2Project Standard deviation is equal to *
3.172
3.280|
6.456
2.173
3. Determine the "Project's Expected Date of Completion" if the probability of completion is
96.712%
20 weeks
14 weeks
18 weeks
26 weeks
Transcribed Image Text:Consider the following scenario: (Time in weeks) Activity Preceding Optimistic Most Likely Pessimistic 1 6. 5 6. 13 C 4 8 D В, С 4. 6. E A, B 4 F 3 6. G E 3 5 H F, G 4 13 Choose correct answer 1.Project variance is the sum of the variances of all activities; 4.15 sum of the variances of critical path activities; 6.14 sum of the variances of all activities; 7.04 sum of the variances of critical path activities; 4.722 and it is equal to * 2Project Standard deviation is equal to * 3.172 3.280| 6.456 2.173 3. Determine the "Project's Expected Date of Completion" if the probability of completion is 96.712% 20 weeks 14 weeks 18 weeks 26 weeks
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