55 53 56 54 Load software to deployed hardware 57 55 Testing 58 56 Validate startup on deployed hardware 59 60 57 58 Perform OS testing Perform application testing 61 59 Obtain formal sign-off from users 42 40 43 41 44 42 Obtain approval for project plan Executing Hardware 2 7 4 V 45 43 Procure hardware from suppliers 10 24 32 23 V 46 44 Software 47 45 Obtain software OS licenses 6 11 20 12 V 48 46 Obtain software application licenses 6 8 17 9 49 47 Pilot Testing 50 48 Setup test area 1 2 2 2 51 49 Load software onto pilot machines 4 6 8 6 V 52 50 53 51 54 52 Validate functionality Deployment Configure production hardware Deploy production hardware 3 6 8 6 10 25 33 24 V 11 19 23 18 V 12 17 19 17 V 4 9 18 10 V 4 8 17 9 4 19 28 18 V 6 17 24 16 62 60 Monitoring and Controlling 63 61 Formal Customer Review 1 64 62 Hold formal customer review after project plan approval 1 3 4 3 V 65 63 Update project plan 4 10 20 11 66 64 Formal Customer Review 2 67 65 Obtain updates regarding key deliverables from project te 5 18 22 17 V 68 66 Hold formal customer review after pilot testing 5 7 11 7 V 69 67 Update project plan 4 8 15 9 70 68 Closing 71 69 External 72 70 Finalize procurement with suppliers 5 18 24 17 73 71 Customer Approval 74 72 Hold final customer review 1 2 2 2 V 75 73 Prepare/submit final customer report 3 6 10 6 V 76 74 Audit against contractual deliverables 3 5 8 5 77 75 Obtain final customer approval 2 3 4 3 V 78 76 Internal 79 77 80 78 Hold lessons learned meeting Update final internal report 1 1 1 1 4 6 12 7 V 81 79 Hold project team celebration event 1 1 2 1 V 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 Expected Project Finish Time: days Total Critical Path Variance: Total Critical Path Standard Deviation: Probability of finishing the project in 287 days is Probability of finishing the project in 273 days is 000000 days days Optimistic Duration ID Task (days) Most Likely Duration Pessimistic Duration (days) (days) PERT Expected Duration (days) Critical Path Variance 1 TECHNOLOGY REFRESH (VERSION B) PROJECT 2 Initiating 3 Meet with key stakeholders 4 Finalize statement of work 5 Secure project team leads 6 Finalize stakeholder register 7 Develop project charter 8 9 Planning 10 11 12 Finalize project charter Scope Planning Requirements Develop/finalize functional requirements 2 3 12 2 10 15 4 10 V V 2 2 4 2 2 10 13 9 V 2 5 17 7 2 4 8 4 v 10 18 28 18 V 13 Develop/finalize hardware requirements 12 16 18 16 14 Develop/finalize software requirements 10 16 30 17 15 Develop/finalize requirements traceability matrix 11 14 28 16 16 Finalize project deliverables 2 2 3 2 V 17 Develop scope statement 4 9 10 8 V 18 Finalize/Update WBS 2 3 5 3 V 19 Schedule (Time) and Cost Planning 20 Finalize hardware/software costs 2 4 5 4 21 Update activities and duration estimates 6 12 14 11 V 22 Human Resource Planning 23 Finalize resource requirements 6 10 14 10 24 Finalize project costs 4 11 19 11 25 Identify training requirements 2 4 5 4 26 Complete training activities 6 12 14 11 V V 27 Quality Planning 28 Determine impacted quality processes 2 3 4 3 V 29 Finalize quality management plan 2 10 18 10 30 Risk Planning 31 Update project risks 3 6 12 7 V 32 Draft risk register 2 3 8 4 33 Finalize risk management plan 2 4 7 4 34 Finalize Project Plan 35 Finalize communications management plan 2 3 4 3 36 Finalize procurement management plan 2 6 14 7 37 Finalize stakeholder management plan 2 2 5 3 38 39 Finalize project schedule/cost baseline Finalize project plan 2 13 19 12 2 5 16 6 40 Obtain approval for project plan 2 4 7 4 V V 41 Executing 42 Hardware 43 Procure hardware from suppliers 10 24 32 23 V 44 Software 45 Obtain software OS licenses 6 11 20 12 V 46 Obtain software application licenses 6 8 17 9 47 Pilot Testing 48 Setup test area 1 2 2 2 49 Load software onto pilot machines 4 6 8 6 V 50 Validate functionality 3 6 8 6 51 Deployment 52 Configure production hardware 10 25 33 24 V 53 54 Deploy production hardware Load software to deployed hardware 11 19 23 18 V 12 17 19 17 V 55 Testing 56 Validate startup on deployed hardware 4 9 18 10 V 57 Perform OS testing 4 8 17 9 58 Perform application testing 4 19 28 18 V 59 Obtain formal sign-off from users 6 17 24 16 60 Monitoring and Controlling 61 Formal Customer Review 1 62 Hold formal customer review after project plan approval 1 3 4 3 V 63 Update project plan 4 10 20 11 64 Formal Customer Review 2 65 Obtain updates regarding key deliverables from project te 5 18 22 17 V 66 Hold formal customer review after pilot testing 5 7 11 7 V 67 Update project plan 4 8 15 9 68 Closing 69 External 70 Finalize procurement with suppliers 5 18 24 17 71 Customer Approval 72 Hold final customer review 1 73 Prepare/submit final customer report 3 26 2 2 V 10 6 V

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Calculate the following:

1. The expected project finish time.

2. The variances for the applicable tasks.

3. The total critical path variance.

4. The total critical path standard deviation.

The customer has seen the Technology Refresh (Version B) Project schedule and the expected project finish time. However, the customer is concerned about the schedule risk of the project. Therefore, he wishes to know the following (i.e., determine the following):

5. The probability of finishing the project in 287 days.

6. The probability of finishing the project in 273 days.

Hint: Before answering the questions, review the "PERT Variance and Probability of Project Completion" video, located in the Topic 4 Resources.

7. If you wish to solve probabilities of finishing using the Z-value approach, refer to "Table E - The Standard Normal Distribution," located in the Topic 4 Resources.

8. Note also that Microsoft Excel's NORM.DIST function can be used to determine the probabilities of finishing, which does not require use of the Z-table.

55 53
56 54
Load software to deployed hardware
57 55
Testing
58 56
Validate startup on deployed hardware
59
60
57
58
Perform OS testing
Perform application testing
61
59
Obtain formal sign-off from users
42
40
43 41
44
42
Obtain approval for project plan
Executing
Hardware
2
7
4
V
45
43
Procure hardware from suppliers
10
24
32
23
V
46
44
Software
47
45
Obtain software OS licenses
6
11
20
12
V
48
46
Obtain software application licenses
6
8
17
9
49
47
Pilot Testing
50
48
Setup test area
1
2
2
2
51 49
Load software onto pilot machines
4
6
8
6
V
52
50
53 51
54 52
Validate functionality
Deployment
Configure production hardware
Deploy production hardware
3
6
8
6
10
25
33
24
V
11
19
23
18
V
12
17
19
17
V
4
9
18
10
V
4
8
17
9
4
19
28
18
V
6
17
24
16
62 60
Monitoring and Controlling
63 61
Formal Customer Review 1
64 62
Hold formal customer review after project plan approval
1
3
4
3
V
65
63
Update project plan
4
10
20
11
66
64
Formal Customer Review 2
67
65
Obtain updates regarding key deliverables from project te
5
18
22
17
V
68
66
Hold formal customer review after pilot testing
5
7
11
7
V
69
67
Update project plan
4
8
15
9
70
68
Closing
71
69
External
72
70
Finalize procurement with suppliers
5
18
24
17
73
71
Customer Approval
74 72
Hold final customer review
1
2
2
2
V
75 73
Prepare/submit final customer report
3
6
10
6
V
76
74
Audit against contractual deliverables
3
5
8
5
77
75
Obtain final customer approval
2
3
4
3
V
78
76
Internal
79 77
80 78
Hold lessons learned meeting
Update final internal report
1
1
1
1
4
6
12
7
V
81
79
Hold project team celebration event
1
1
2
1
V
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
Expected Project Finish Time:
days
Total Critical
Path Variance:
Total Critical Path Standard Deviation:
Probability of finishing the project in
287
days is
Probability of finishing the project in
273
days is
000000
days
days
Transcribed Image Text:55 53 56 54 Load software to deployed hardware 57 55 Testing 58 56 Validate startup on deployed hardware 59 60 57 58 Perform OS testing Perform application testing 61 59 Obtain formal sign-off from users 42 40 43 41 44 42 Obtain approval for project plan Executing Hardware 2 7 4 V 45 43 Procure hardware from suppliers 10 24 32 23 V 46 44 Software 47 45 Obtain software OS licenses 6 11 20 12 V 48 46 Obtain software application licenses 6 8 17 9 49 47 Pilot Testing 50 48 Setup test area 1 2 2 2 51 49 Load software onto pilot machines 4 6 8 6 V 52 50 53 51 54 52 Validate functionality Deployment Configure production hardware Deploy production hardware 3 6 8 6 10 25 33 24 V 11 19 23 18 V 12 17 19 17 V 4 9 18 10 V 4 8 17 9 4 19 28 18 V 6 17 24 16 62 60 Monitoring and Controlling 63 61 Formal Customer Review 1 64 62 Hold formal customer review after project plan approval 1 3 4 3 V 65 63 Update project plan 4 10 20 11 66 64 Formal Customer Review 2 67 65 Obtain updates regarding key deliverables from project te 5 18 22 17 V 68 66 Hold formal customer review after pilot testing 5 7 11 7 V 69 67 Update project plan 4 8 15 9 70 68 Closing 71 69 External 72 70 Finalize procurement with suppliers 5 18 24 17 73 71 Customer Approval 74 72 Hold final customer review 1 2 2 2 V 75 73 Prepare/submit final customer report 3 6 10 6 V 76 74 Audit against contractual deliverables 3 5 8 5 77 75 Obtain final customer approval 2 3 4 3 V 78 76 Internal 79 77 80 78 Hold lessons learned meeting Update final internal report 1 1 1 1 4 6 12 7 V 81 79 Hold project team celebration event 1 1 2 1 V 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 Expected Project Finish Time: days Total Critical Path Variance: Total Critical Path Standard Deviation: Probability of finishing the project in 287 days is Probability of finishing the project in 273 days is 000000 days days
Optimistic Duration
ID
Task
(days)
Most Likely Duration Pessimistic Duration
(days)
(days)
PERT
Expected
Duration (days) Critical Path Variance
1
TECHNOLOGY REFRESH (VERSION B) PROJECT
2
Initiating
3
Meet with key stakeholders
4
Finalize statement of work
5
Secure project team leads
6
Finalize stakeholder register
7
Develop project charter
8
9
Planning
10
11
12
Finalize project charter
Scope Planning
Requirements
Develop/finalize functional requirements
2
3
12
2
10
15
4
10
V
V
2
2
4
2
2
10
13
9
V
2
5
17
7
2
4
8
4
v
10
18
28
18
V
13
Develop/finalize hardware requirements
12
16
18
16
14
Develop/finalize software requirements
10
16
30
17
15
Develop/finalize requirements traceability matrix
11
14
28
16
16
Finalize project deliverables
2
2
3
2
V
17
Develop scope statement
4
9
10
8
V
18
Finalize/Update WBS
2
3
5
3
V
19
Schedule (Time) and Cost Planning
20
Finalize hardware/software costs
2
4
5
4
21
Update activities and duration estimates
6
12
14
11
V
22
Human Resource Planning
23
Finalize resource requirements
6
10
14
10
24
Finalize project costs
4
11
19
11
25
Identify training requirements
2
4
5
4
26
Complete training activities
6
12
14
11
V
V
27
Quality Planning
28
Determine impacted quality processes
2
3
4
3
V
29
Finalize quality management plan
2
10
18
10
30
Risk Planning
31
Update project risks
3
6
12
7
V
32
Draft risk register
2
3
8
4
33
Finalize risk management plan
2
4
7
4
34
Finalize Project Plan
35
Finalize communications management plan
2
3
4
3
36
Finalize procurement management plan
2
6
14
7
37
Finalize stakeholder management plan
2
2
5
3
38
39
Finalize project schedule/cost baseline
Finalize project plan
2
13
19
12
2
5
16
6
40
Obtain approval for project plan
2
4
7
4
V
V
41
Executing
42
Hardware
43
Procure hardware from suppliers
10
24
32
23
V
44
Software
45
Obtain software OS licenses
6
11
20
12
V
46
Obtain software application licenses
6
8
17
9
47
Pilot Testing
48
Setup test area
1
2
2
2
49
Load software onto pilot machines
4
6
8
6
V
50
Validate functionality
3
6
8
6
51
Deployment
52
Configure production hardware
10
25
33
24
V
53
54
Deploy production hardware
Load software to deployed hardware
11
19
23
18
V
12
17
19
17
V
55
Testing
56
Validate startup on deployed hardware
4
9
18
10
V
57
Perform OS testing
4
8
17
9
58
Perform application testing
4
19
28
18
V
59
Obtain formal sign-off from users
6
17
24
16
60
Monitoring and Controlling
61
Formal Customer Review 1
62
Hold formal customer review after project plan approval
1
3
4
3
V
63
Update project plan
4
10
20
11
64
Formal Customer Review 2
65
Obtain updates regarding key deliverables from project te
5
18
22
17
V
66
Hold formal customer review after pilot testing
5
7
11
7
V
67
Update project plan
4
8
15
9
68
Closing
69
External
70
Finalize procurement with suppliers
5
18
24
17
71
Customer Approval
72
Hold final customer review
1
73
Prepare/submit final customer report
3
26
2
2
V
10
6
V
Transcribed Image Text:Optimistic Duration ID Task (days) Most Likely Duration Pessimistic Duration (days) (days) PERT Expected Duration (days) Critical Path Variance 1 TECHNOLOGY REFRESH (VERSION B) PROJECT 2 Initiating 3 Meet with key stakeholders 4 Finalize statement of work 5 Secure project team leads 6 Finalize stakeholder register 7 Develop project charter 8 9 Planning 10 11 12 Finalize project charter Scope Planning Requirements Develop/finalize functional requirements 2 3 12 2 10 15 4 10 V V 2 2 4 2 2 10 13 9 V 2 5 17 7 2 4 8 4 v 10 18 28 18 V 13 Develop/finalize hardware requirements 12 16 18 16 14 Develop/finalize software requirements 10 16 30 17 15 Develop/finalize requirements traceability matrix 11 14 28 16 16 Finalize project deliverables 2 2 3 2 V 17 Develop scope statement 4 9 10 8 V 18 Finalize/Update WBS 2 3 5 3 V 19 Schedule (Time) and Cost Planning 20 Finalize hardware/software costs 2 4 5 4 21 Update activities and duration estimates 6 12 14 11 V 22 Human Resource Planning 23 Finalize resource requirements 6 10 14 10 24 Finalize project costs 4 11 19 11 25 Identify training requirements 2 4 5 4 26 Complete training activities 6 12 14 11 V V 27 Quality Planning 28 Determine impacted quality processes 2 3 4 3 V 29 Finalize quality management plan 2 10 18 10 30 Risk Planning 31 Update project risks 3 6 12 7 V 32 Draft risk register 2 3 8 4 33 Finalize risk management plan 2 4 7 4 34 Finalize Project Plan 35 Finalize communications management plan 2 3 4 3 36 Finalize procurement management plan 2 6 14 7 37 Finalize stakeholder management plan 2 2 5 3 38 39 Finalize project schedule/cost baseline Finalize project plan 2 13 19 12 2 5 16 6 40 Obtain approval for project plan 2 4 7 4 V V 41 Executing 42 Hardware 43 Procure hardware from suppliers 10 24 32 23 V 44 Software 45 Obtain software OS licenses 6 11 20 12 V 46 Obtain software application licenses 6 8 17 9 47 Pilot Testing 48 Setup test area 1 2 2 2 49 Load software onto pilot machines 4 6 8 6 V 50 Validate functionality 3 6 8 6 51 Deployment 52 Configure production hardware 10 25 33 24 V 53 54 Deploy production hardware Load software to deployed hardware 11 19 23 18 V 12 17 19 17 V 55 Testing 56 Validate startup on deployed hardware 4 9 18 10 V 57 Perform OS testing 4 8 17 9 58 Perform application testing 4 19 28 18 V 59 Obtain formal sign-off from users 6 17 24 16 60 Monitoring and Controlling 61 Formal Customer Review 1 62 Hold formal customer review after project plan approval 1 3 4 3 V 63 Update project plan 4 10 20 11 64 Formal Customer Review 2 65 Obtain updates regarding key deliverables from project te 5 18 22 17 V 66 Hold formal customer review after pilot testing 5 7 11 7 V 67 Update project plan 4 8 15 9 68 Closing 69 External 70 Finalize procurement with suppliers 5 18 24 17 71 Customer Approval 72 Hold final customer review 1 73 Prepare/submit final customer report 3 26 2 2 V 10 6 V
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman