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hw7 (completed)

# hw7 (completed) - 2 a z =-3.798 113.4.03 – 10.07.05...

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1) a. z = -4.717 + 0.904*1*0*6 + 3.409*0 – 19.31*1*0.1 + 0.055*12 = -5.988 P(Success) = (e^z)/(1+e^z) = .0025/1.0025 = .0025 b. The best way to increase the probability of success is to implement a constructability program and sign a lump sum contract rather than the reimbursable contract. Doing this results in a probability of success of 94.5%
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Unformatted text preview: 2) a. z = -3.798 + 113.4*.03 – 10.07*.05 + 0.942*2 + 0.176*12 = 3.0965 P(Success) = (e^z)/(1+e^z) = .9567 b. The probability of success could be improved by reducing team turnover rates, putting more money into the control system cost, and holding more control meetings during the construction phase....
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