Critical path activities and their time variances

Assignment Help Operation Management

Reference no: EM13824693

Below is a table of activities required to finish a project:


Activity	Optimistic	Most Likely	Pessimistic
1	19	20	26
2	4	5	6
3	6	6	6
4	3	9	10

In calculating activity times for the project, which one of the following statements is correct?

A. Activity 1 will have the lowest variance

B. Activity 2 will have a variance of 0.11

C. Activity 3 will have the highest variance

D. Activity 4 will have a variance of 0.361

Additional Requirement

In here this question belongs to the operations management and it defines about the activities and their variance in time estimate.

Reference no: EM13824693

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