Exam 14: Project Planning and Scheduling

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Given the list of activities,the expected time estimates,and variances,compute the probability that the project time will be less than 30 minutes.Round Z to two decimals.  Given the list of activities,the expected time estimates,and variances,compute the probability that the project time will be less than 30 minutes.Round Z to two decimals.    \begin{array}{ll} \text { Activity } & \mathrm{T}_{e} \text { (minutes) }&\text { Variance } \\ \text { A } & 2.00&0.5 \\ \text { B } & 6.17&1.75 \\ \text { C } & 8.34&1.45 \\ \text { D } & 10.05&3.00 \end{array} Activity (minutes) Variance A 2.00 0.5 B 6.17 1.75 C 8.34 1.45 D 10.05 3.00

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Critical path method (CPM)network scheduling assumes a second order (non-linear)time-cost tradeoff exists.

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A forward pass is required while computing the early start and early finish times of activities.

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"Slack" refers to the difference between:

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Controlling a project does NOT include:

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Which of the following statements about critical path method (CPM)is true?

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