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Use the Values in the Table to Calculate Activity Durations

question 74

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Use the values in the table to calculate activity durations and variances for the project.What is the project deadline such that there is a 75% chance it is completed on time?
 Activity  Activity time  Standard  deviation  Predecessor A123B82 AC91 AD51 BE120 BF100CG72CH93E,GI152D,GT82HK113IL72 J, K\begin{array}{|l|l|l|l|}\hline \text { Activity } & \text { Activity time } & \begin{array}{l}\text { Standard } \\\text { deviation }\end{array} & \text { Predecessor } \\\hline \mathrm{A} & 12 & 3 & \\\hline \mathrm{B} & 8 & 2 & \mathrm{~A} \\\hline \mathrm{C} & 9 & 1 & \mathrm{~A} \\\hline \mathrm{D} & 5 & 1 & \mathrm{~B} \\\hline \mathrm{E} & 12 & 0 & \mathrm{~B} \\\hline \mathrm{F} & 10 & 0 & \mathrm{C} \\\hline \mathrm{G} & 7 & 2 & \mathrm{C} \\\hline \mathrm{H} & 9 & 3 & \mathrm{E}, \mathrm{G} \\\hline \mathrm{I} & 15 & 2 & \mathrm{D}, \mathrm{G} \\\hline \mathrm{T} & 8 & 2 & \mathrm{H} \\\hline \mathrm{K} & 11 & 3 & \mathrm{I} \\\hline \mathrm{L} & 7 & 2 & \mathrm{~J}, \mathrm{~K} \\\hline\end{array}


Definitions:

RFP Process

The process involving the request for proposal, where organizations solicit bids from potential vendors or service providers for a specific project or procurement.

Business Buyers

Entities such as companies and organizations that purchase products or services for use in the production of other goods and services, for resale, or for the organization’s own use.

Vendor Performance Assessment

Vendor Performance Assessment involves evaluating and monitoring a supplier's performance to ensure they meet contractual obligations and performance standards.

Proposal Analysis

The process of evaluating a proposal to determine its feasibility, cost-effectiveness, and compatibility with organizational goals, often involving comparison with competitive offers.

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