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Consider the Following Work Breakdown Structure What Is the Estimated Standard Deviation in the Time for (wks)

question 59

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Consider the following work breakdown structure:  Time Estimates (wks)   Start  Finish  Activity  Node  Node t0tmtp A 12112029 B 23258 C 24183042 D 3471013 E 14314043\begin{array}{r}{\text { Time Estimates (wks) }} \\\begin{array}{lccccc}& \text { Start } & \text { Finish } \\\text { Activity } & \text { Node } \quad\quad& \text { Node } \quad\quad& \mathrm{t}_{0} \quad\quad& \mathrm{t}_{\mathrm{m}} \quad& \mathrm{t}_{\mathrm{p}} \quad\\\hline \text { A } & 1 & 2 & 11 & 20 & 29 \\\text { B } & 2 & 3 & 2 & 5 & 8 \\\text { C } & 2 & 4 & 18 & 30 & 42 \\\text { D } & 3 & 4 & 7 & 10 & 13 \\\text { E } & 1 & 4 & 31 & 40 & 43\end{array}\end{array} What is the estimated standard deviation in the time for activity E?


Definitions:

Equivalent Payment

A payment amount that, when adjusted for interest and time, is equal in value to a different payment amount over a different time period.

Focal Date

A specific point in time that serves as a reference or target for events or operations.

Equivalent Payment

A term related to finance that typically involves finding a payment amount that equates to an equal value under different conditions.

Scheduled

Planned or organized for a certain time or date.

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