Quantitative Techniques: Theory and Problems

CALCULATION OF EXPECTED DURATION AND VARIANCES OF ACTIVITIES

Problem 7.1

A project has the following activities and characteristics:

Required:

1. Find expected duration of each activity
2. Draw the project network and expected duration of the project
3. Find variances of activities on critical path and its standard deviation

Solution

(a) Expected duration of each activity and their variances

Activity	Expected Duration	Variance
1 - 2
1 - ...