SD Calculation
Please help with the working:
A project manager has been asked by the client to meet the promise date of the project. The project manager analyzes the schedule before promising a date to the customer. The project manager uses the program evaluation and review technique to evaluate the project schedule. She decides that based on the PERT calculations 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 duration of the activities on the critical path? Assume a five-day workweek.
a. Ten days
b. Fifteen days
c. One-half month
d. One month


acurtpmp
Wed, 07/30/2014 - 02:18
Permalink
Answer
Since this is SD, 100%-5%= 95%, since 95% is +/- 2 SD or sigma, this means that 1 month is two SD, so your answer would be half a month, being answer C.
admin
Thu, 07/31/2014 - 06:09
Permalink
Repeat question, please
Repeat question, please search before you post :)
http://pmzilla.com/pert-calculation