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Chapter 3 Southwestern University
Chapter 3 Southwestern University
How
long is the project expected to take?
A B E F
I L
G H
C
D
K
J
Expected Time = (A+4M+B) / 6
A 30
B 60
C 55
D 65
E 30
F .1
G 30
H 20
I 30
J 10
K .1
L 30
2. What is the probability of finishing in 270 days?
Project Variance ((b- a)/6)^2
A 11.11
C 69.44
D 136.11
G 2.78
H 11.11
I 44.44
L 44.44
Total 319.43
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Z= (270-260)/ 17.8726= .5595
Probability = 71.21%
3. If it is necessary to crash to 250 or 240 days, how would Hill do so, and at what costs?
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