The following network shows a portion of an IT project involving programming, hardware installation, and implementation. As shown, programming and hardware installation are both estimated to be 52 days in duration. These estimates are not exact, given the uncertainty that can occur in any project environment, but they do share the same statistical distribution, with 52 as the median value.
Given what is covered in Chapter 6 regarding two tasks that merge into a common successor, what is the approximate probability that implementation can begin at the end of 52 days of concurrent work on programming and hardware installation?
Definitions:
Consumption Habits
Consumption habits refer to the patterns and behaviors of individuals or groups in purchasing and using goods and services.
Capital Expansion
Refers to the growth of a company's capital assets through the addition of property, plants, or equipment intended to increase its productivity and capacity for expansion.
Big Mac Index
An informal measure of currency exchange rates using the price of a McDonald's Big Mac as a benchmark to compare the purchasing power parity between two currencies.
The Economist
A renowned international weekly newspaper that focuses on current affairs, international business, politics, technology, and culture.
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