- An IT project requires 6 activities. The table below displaysthe expected time and budgeted cost for each activity.
Activity | Expected time (weeks) | Budgeted Cost | Immediate Predecessors |
A | 3 | $3,000 | None |
B | 4 | $6,000 | None |
C | 2 | $7,000 | A |
D | 5 | $9,000 | B |
E | 3 | $3,000 | C |
F | 6 | $8,000 | B,D |
Develop a budget for the 15 weeks of the project using EStimes.
- The following represents a project with four activities. Alltimes are in weeks.
Activity | Immediate Predecessor | Optimistic Time | Most Likely Time | Pessimistic Time |
A | - | 2 | 8 | 14 |
B | - | 8 | 8 | 8 |
C | A | 6 | 9 | 18 |
D | B | 5 | 11 | 17 |
The critical path is Bà D. The expected completion time is 19days.  Assume the normal distribution is appropriate touse to determine the probability of finishing by a particular time.What is the probability that the project is finished in 22 weeks ormore? (Round to two decimals.)
