write a formula in cell F54 to compute the probability that the entire project will be complete in 35 days.
Control structures
Control structures are block of statements that analyze the value of variables and determine the flow of execution based on those values. When a program is running, the CPU executes the code line by line. After sometime, the program reaches the point where it has to make a decision on whether it has to go to another part of the code or repeat execution of certain part of the code. These results affect the flow of the program's code and these are called control structures.
Switch Statement
The switch statement is a key feature that is used by the programmers a lot in the world of programming and coding, as well as in information technology in general. The switch statement is a selection control mechanism that allows the variable value to change the order of the individual statements in the software execution via search.
write a formula in cell F54 to compute the probability that the entire project will be complete in 35 days.
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31
32
36
37
A B
38
39
40
41
42
43
с
F
G
D
D
E,F
A
B
C
E
8
5
D
E
F
F
8
8
ES
0
0
=
7
7
16
16.5
Activity Earliest Start Earliest Finish Latest Start
G
11
10
EF
7
9.3
16
16.5
25.8
25
H
LS
0
6.7
7
7.8
16
17.3
8.50
7.83
Table 6: Activity schedule for the seven activities of the project
Variance
(rounded to 2
decimal places)
Latest
Finish
LF
7
16
16
17.3
25.8
25.8
I
0.250000
0.694444
Slack
Next, you would like to determine the variance of the project. Table 6 has the activity schedule for the seven activities.
This schedule is determined using a network diagram; please refer to Figure 7.6 in the book.
(g) Using the IF function, write a formula in J38 to display "Yes" if the activity is critical and display "No" if the activity is not critical. Copy the formula to cells J39:J44.
To calculate the entire project's variance, we simply add variance for activities on the critical path.
(h) Using the SUMIF function, write a formula in cell F46 to compute the project's variance.
(LS - ES)
0
9.3
0
0.8
0
0.8
J
(i) Project's standard deviation is the square root of the variance. Write a formula in cell F48 to compute the project's standard deviation.
DAN
(j) The earliest finish time for the last activity is the Project's duration. Write a formula in cell F50 to compute the project's duration. (Hint: You have to only refer to the cell range)
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P
We would like to use the variance information to compute the probability that the entire project will be complete in 35 days.
In Excel, the probability can be computed using NORM.DIST function. NORM.DIST function takes four arguments, viz, X, mean, standard_dev (standard deviation), and cumulative (whether
the probability is cumulative or not). X is the target days to complete (cell F52), the mean is the project's expected duration (cell F50), the standard_dev is the standard deviation (F48), and
the cumulative probability is TRUE.
To see how to apply NORM.DIST function, you can watch the youtube videos (i) https://www.youtube.com/watch?v=OCJudfW_gHY or (ii) https://www.youtube.com/watch?v=p_KApjpyBHE
33 (k) Using NORM.DIST function, write a formula in cell F54 to compute the probability that the entire project will be complete in 35 days.
34
35
F
G
0.1100
1.7800
0.4400
1.3600
0.6900
0.2500
K
D
E,F
Is the Activity
Critical?
Yes
No
Yes
No
Yes
No
L
A
B
C
(
8
5
D
E
F
M
ES
0
Activity Earliest Start Earliest Finish Latest Start
0
7
7
16
8
8
16.5
25.8
N
EF
7
9.3
16
16.5
25.8
25
33.6
11
10
Sample Answer
Table 6: Activity schedule for the seven activities of the project
Latest
Slack
Finish
Variance
(rounded to 2
decimal places)
LS
0
6.7
7
7.8
O
16
17.3
25.8
8.50
7.83
LF
7
16
16
17.3
25.8
25.8
33.6
P
0.250000
0.694444
(LS-ES)
0
0
0.8
0
0.8
0
0.1100
1.7800
0.4400
1.3600
0.6900
0.2500
0.6900
Is the Activity
Critical?
Yes
No
Yes
No
Yes
No
Yes
Q"
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43
44
45
46
47
41
48
40
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
A
B
E
F
G
D
16
16.5
258
Project's Variance
E
25.8
25
33.6
Project's standard deviation
Project's Expected Duration
Target days to complete
Probability that the project will be
complete in 35 days.
F
16
17.3
25.8
1.93
1.3892
33.6
35
G
25.8
25.8
33.6
H
0
0.8
0
I
0.6900
0.2500
0.6900
J
Yes
No
Yes
K
G
L
25.8
M
N
25.8
33.6
Project's Variance
Sample Answer
O
Project's standard deviation
Project's Expected Duration
Target days to complete
Probability that the project will be
complete in 35 days
P
0.6900
1.93
1.3892
33.6
35
84.32%
Yes
Q
R
S
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