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A project has four activities (A, B, C, and D) that must be performed sequential

ID: 465890 • Letter: A

Question

A project has four activities (A, B, C, and D) that must be performed sequentially. The probability distributions for the time required to complete each of the activities are as follows:

Provide the base-case, worst-case, and best-case calculations for the time to complete the project.


Use the random numbers 0.6051, 0.7184, 0.2449 and 0.2434 to simulate the completion time of the project in weeks.

Discuss how simulation could be used to estimate the probability that the project can be completed in weeks or less.

Simulation provides a distribution of project completion times. The of times weeks and under can be used to estimate the probability that the project will be completed within weeks.


Activity Activity Time
(weeks)

Probability A 5 0.29 6 0.39 7 0.22 8 0.10 B 4 0.24 6 0.52 8 0.24 C 14 0.08 16 0.20 18 0.35 20 0.23 22 0.14 D 9 0.68 11 0.32

Explanation / Answer

In Base case scenario, time with highest probability is considered.

In Worst case scenario, highest time of completion is considered

In Best case, the lowest time of completion is considered.

Activity

Base case

Worst case

Best case

A

6 weeks

8 weeks

5 weeks

B

6 weeks

8 weeks

4 weeks

C

18 weeks

22 weeks

14 weeks

D

9 weeks

11 weeks

9 weeks

Activity Time

Cumulative

Random Number interval

Activity

(weeks)

Probability

A

5

0.29

0.29

0.00 but less than 0.29

6

0.39

0.68

0.29 but less than 0.68

7

0.22

0.9

0.68 but less than 0.9

8

0.1

1

0.0 but less than 1

B

4

0.24

0.24

0.00 but less than 0.24

6

0.52

0.76

0.24 but less than 0.76

8

0.24

1

0.76 but less than 1

C

14

0.08

0.08

0.00 but less than 0.08

16

0.2

0.28

0.08 but less than 0.28

18

0.35

0.63

0.28 but less than 0.63

20

0.23

0.86

0.63 but less than 0.86

22

0.14

1

0.86 but less than 1

D

9

0.68

0.68

0.00 but less than 0.68

11

0.32

1

0.68 but less than 0.29

Activity

Random Number

Completion Time

A

0.6051

6 weeks

B

0.7184

6 weeks

C

0.2449

16 weeks

D

0.2434

9 weeks

Total

37 weeks

Activity

Base case

Worst case

Best case

A

6 weeks

8 weeks

5 weeks

B

6 weeks

8 weeks

4 weeks

C

18 weeks

22 weeks

14 weeks

D

9 weeks

11 weeks

9 weeks

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