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Consider the Following Work Breakdown Structure What Is the Estimated Expected (Mean) Time for Project Completion

question 18

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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 expected (mean) time for project completion?


Definitions:

Agreement in Principle

An initial acceptance indicating a preliminary agreement before the details are finalized.

Binding Contract

An agreement between two or more parties that is legally enforceable in a court of law.

Verbal

Pertaining to words or spoken communication, often used in the context of agreements or contracts.

Written Contract

A formal agreement between two or more parties that is fully documented and signed, outlining specific obligations and terms.

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