W
Wendy
All I am giving a class hand out to a group of PM's and I am needing the
answer to this question. greatly appreciate the answer and how you solved it.
A project manager has been asked by the client to meet the promise date of
the project. The PM analyzes the schedule before promising a date to the
client. The PM uses the program evaluation and reviwe technique to evaluate
the project schedule. She decides that based on the results of the PERT
calculation she can promise a delivery date of June 30. The expected value of
the project completion date is May 30. If the project manager is willing to
accept a 5% probability that the project will be delivered later than June
30, what is the standard deviation of the durations of the activities on the
critical path, Assume a five day work week. We are all stumped here on how to
calculate. Thanks in advance who all respond![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
answer to this question. greatly appreciate the answer and how you solved it.
A project manager has been asked by the client to meet the promise date of
the project. The PM analyzes the schedule before promising a date to the
client. The PM uses the program evaluation and reviwe technique to evaluate
the project schedule. She decides that based on the results of the PERT
calculation she can promise a delivery date of June 30. The expected value of
the project completion date is May 30. If the project manager is willing to
accept a 5% probability that the project will be delivered later than June
30, what is the standard deviation of the durations of the activities on the
critical path, Assume a five day work week. We are all stumped here on how to
calculate. Thanks in advance who all respond