duration estiates
Submitted by vijayavadrevu on Fri, 05/24/2013 - 16:24
Your project has the following duration estimates for three activities:
Activity 1: Most likely - 9 days; Optimistic - 5 days; Pessimistic - 13 days
Activity 2: Most likely - 9 days; Optimistic - 4 days; Pessimistic - 14 days
Activity 3: Most likely - 9 days; Optimistic - 6 days; Pessimistic - 12 days
Which activity has the highest risk?
1.
Activity 1
2.
Activity 2
3.
Activity 3
4.
All three activities have the same risk, because the most likely estimate for the three activities is the same
Forums:


AD
Fri, 05/24/2013 - 16:54
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Activity 2
Activity 2
san
Fri, 05/24/2013 - 17:05
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Highest risk can be
Highest risk can be identified by calaculating SD( More SD value leads high risk)
SD activity 1 = 1.33
Activity 2 = 1.66
Activity 3=1
Ans : Activity 2
vijayavadrevu
Fri, 05/24/2013 - 17:29
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Yes, correct. Activity 2
Yes, correct. Activity 2 will have high risk
sanskrit
Sat, 05/25/2013 - 00:51
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2
Higher the range , Greatest risk, Lower range low risk