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Q. A Project was planned utilizing PERT with three time estimates. The expected completion time of the project was found out to be 40 weeks. The variance of the critical path is 9.

(a) Illustrate what is the probability that the project will be finished in 40 weeks or less?

(b) Illustrate what is the probability that the project takes longer that the project takes longer than 40 weeks?

(d) Illustrate what is the probability that the project will take longer than 46 weeks?

(e) The project manager wishes to set the due date for the completion of the project so that there is a 90% chance of finishing on schedule. Thus there would only be a 10% chance the project would take longer than this due date. Illustrate what should this due date be?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9313251

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