Illustrate what is the percent chance that the project will

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Reference no: EM1377896

Q. When Ray Zalinski is planning the takeover of Callahan Auto Parts he puts together a project plan for merging the two companies. Zalinski wants to make sure that they can complete project on quickly so they can close the plant in Sandusky. As a result, he wants to know the percent chance that the project will take longer than 290 days. After many painful deliberations, they have find out all of the tasks required along with optimistic, most likely also pessimistic times for each path. They have also computed the expected time for the critical path along with its standard deviation. They then computed the Z value associated with their due date also the expected time also standard deviation of the critical path. Finally, they looked this value up in the Normal Table (or computed it utilizing Excel). The number returned was: 0.0489. Specified this returned value, Illustrate what is the percent chance that the project will take longer than the assigned due date.

Reference no: EM1377896

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Illustrate what is the percent chance that the project will : Finally, they looked this value up in the Normal Table (or computed it utilizing Excel). The number returned was: 0.0489. Specified this returned value, Illustrate what is the percent chance that the project will take longer than the assigned due ..

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