Assignment - Chapter 6 Exercises.docx - 4.5 Deliverable...

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4.5 - Deliverable: Assignment - Chapter 6 Exercises
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2 1. Given the project information below, what is the probability of completing the National Holiday Toy Project in 93 Time Units? Given: AT = Actual time OT = Optimum time MT = Most probable time PT = Pessimistic time (OT + 4 * MT + PT) / 6 = AT Act ID Description Predecessor Optm. (a) Most likely. (b) Pess. (b) Act time te Variance {(b-a)/6}² Critical 1 Package design None 6 12 24 13 2 Design Product 1 16 19 28 20 3 Build Package 1 4 7 10 7 4 Secure Patent 2 21 30 39 30 5 Build Product 2 17 29 47 30 6 Paint 3,4,5 4 7 10 7 7 Test market 6 13 16 19 16 Critical Path = 1-2-4-6-7
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