Table 310
You Are Responsible for Managing a Project with the the Following

question 66

Multiple Choice

Table 3.10
You are responsible for managing a project with the following activities
(times are given in weeks) .
$$\begin{array} { | c | c | c | c | c | } \hline \text { Activity } & \begin{array} { c } \text { Optimistic } \\\text { Time }\end{array} & \begin{array} { c } \text { Most Likely } \\\text { Time }\end{array} & \begin{array} { c } \text { Pessimistic } \\\text { Time }\end{array} & \begin{array} { c } \text { Immediate } \\\text { Predecessor(s) }\end{array} \\\hline \text { A } & 2 & 5 & 14 & \cdots \\\text { B } & 8 & 11 & 14 & \cdots \\\text { C } & 5 & 7 & 9 & \text { A } \\\text { D } & 6 & 9 & 12 & \text { A } \\\text { E } & 1 & 3 & 5 & \text { D,B } \\\hline\end{array}$$
-Using Table 3.10,what is the probability that the project will take 16 or more weeks to complete? You will need to refer to a standard normal table to answer the question.

• A) less than or equal to 40%
• B) greater than 40% but less than or equal to 55%
• C) greater than 55% but less than or equal to 70%
• D) greater than 70%

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Definitions:

Sale

A transaction between a buyer and a seller in which money is exchanged for goods or services.

Asset

Resources owned or controlled by a business or individual that are expected to bring future benefits.

Cash Received

Represents the total amount of money received by a company during a specific period, including all sources of cash income.

Capital Expenditures

Capital expenditures are funds used by a company to acquire, upgrade, and maintain physical assets such as property, industrial buildings, or equipment.