Probability of finishing the project


Problem: The following information has been gathered for a project:

TIME ESTIMATES (DAYS)

Activity    Immediate Predecessor(s)    Most Optimistic    Most Likely    Most Pessimistic
A ----    6    9    12
B    ----    4    8    12
C    A    5    6    7
D    A    3    5    7
E    B,D    4    7    10

What is the probability of completing the project in 23 days, using the critical path? Select one:

a. Greater than 85% but less than or equal to 95%
b. Less than or equal to 75%
c. Greater than 75% but less than or equal to 85%
d. Greater than 95%

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Basic Statistics: Probability of finishing the project
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