A Project Consists of Nine Major Activities, as Shown Below

question 128

Essay

A project consists of nine major activities, as shown below. There are three separate paths in the network: a-c-f, b-d-g, and e-h-i.
(A) What is expected project duration time?
(B) Determine the probability that the project will take more than 35 weeks to complete. (All times are in weeks.)
$$\begin{array} { l l l } \text { Activity } & \text { Exp. Duration } & \text { Std.Dev. } \\\hline \text { a } & 7 & 1 \\\text { b } & 10 & 1 \\\text { c } & 9 & 2 \\\text { d } & 11 & 2 \\\text { e } & 16 & 2 \\\text { f } & 14 & 2 \\\text { g } & 10 & 2 \\\text { h } & 8 & 1 \\\text { I } & 8 & 2\end{array}$$

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Definitions:

Strategic Plans

Define long-term needs and set action directions for the organization. Tactical plans are developed and used to implement strategic plans.

Financial Plans

Documents that outline an individual's or organization's present financial situation and long-term monetary goals, along with strategies to achieve those goals.

SMART Model

Is an approach to determining effective organisational objectives that requires that they be Specific, Measurable, Actionable, Reasonable, and Timetabled.

Objectives

Specific, measurable goals that an individual or organization aims to achieve.