Given: (refer to Google forms and the picture below)
(Picture above was given thru Messenger)
Required:
Probability of the project to be completed within:
a. 22 weeks
b. 21 weeks
c. 25 weeks
Initial Formulas & Legend:
Let:
Expected Time = E
Total Expected Time = E(t)
Optimistic = x
Most Probable = y
Pessimistic = z
Variance = v
Total Variance = V2
E = (x + 4y + z) / 6 ; v = [(z – x) / 6]2
Solution:
*Table of Expected Time and Variance for each activity will make things easier
*Using the 2 formulas for each activity, the table below was made
*Immediate Predecessors were distinguished thru the picture in Given
Activity Immediate Expected Time Variance
Predecessor/s
A - 5 0.11
B - 3 0.03
C A 7 0.11
D A 6 0.44
E B 7 0.44
F D,E 3 0.11
G D,E 10 0.44
H C,F 8 1.78
*Using the table above and copy/pasting the picture in the given, the picture below is the updated
project network
C H
5
7 8
12 14
7
14 14
22
A 0
22
55 0
5 22
D F
6
5 3
5
11 11
11 11
14
14
B 0 E G
33 1 73 10
4 4
10 11
*As stated last meeting/s, the critical path is 11
A-D-F-H 12
21
22
*We compute for the total expected time and the total variance of the critical path
E(t) = EA + ED + EF + EH = 5 + 6 + 3 + 8 = 22
V2 = vA + vD + vF + vH = 0.11 + 0.44 + 0.11 + 1.78 = 2.44
z = [Time – E(t)] / V = (Time – 22) / √2.44
Requirements:
a. 22 weeks
z = (22 – 22) / √2.44 = 0 P(22 weeks) = 0.5000 + 0 = 0.5000 or 50%
b. 21 weeks
z = (21 – 22) / √2.44 = -0.64 P(21 weeks) = 0.5000 – 0.2389 = 0.2611 or 26%
c. 25 weeks
z = (25 – 22) / 2.44 = +1.92 P(25 weeks) = 0.5000 + 0.4726 = 0.9726 or 97%