Q1) Let the following table:
|
|
PRET. ACT
|
TIME ESTIMATES (days)
|
|
Activity
|
|
to
|
tml
|
tp
|
te
|
|
A
|
-
|
6
|
6
|
6
|
|
|
B
|
A
|
4
|
5
|
6
|
|
|
C
|
A
|
2
|
4
|
6
|
|
|
D
|
B
|
4
|
6
|
8
|
|
|
E
|
C
|
1
|
3
|
5
|
|
|
F
|
D
|
1
|
5
|
3
|
|
i) Determine the completion time and standard deviation (σ) for project roundoff the standard deviation to the nearest hundredth: two decimal places.
ii) What is the completion time at 95% confidence level?
Q2) Determine the probabilities of project completion. Preset calendar to a 7-day workweek. Use triangular distribution for defining activity time distributions. After 1,000-trial simulation, study statistical information generated and compare the output of simulation with your findings in Problem. Briefly describe the significant similarities and differences.