The Following Table of Probabilistic Time Estimates (In Weeks)and Activity

question 78

Multiple Choice

The following table of probabilistic time estimates (in weeks) and activity predecessors are provided for a project.
Table ZZ
-Using Table ZZ,the probability that the project could be completed in 34 weeks or less is approximately

• A)86 percent.
• B)89 percent.
• C)91 percent.
• D)96 percent.

---

Definitions:

Cost of Capital

The minimum earnings a firm should achieve on its investment initiatives to preserve its market worth and meet investor expectations.

Retail Outlets

Physical stores operated by retailers to sell merchandise directly to consumers.

Construction Supplies

Materials and goods used in the building and construction industry.