Planning and Control (Project Management) Coursework

Planning and Control (Project Management) - Coursework ExampleAfter completing the two parts provide a range of possible duration of the equipment installation activity that is the activity stand be completed minimum of 13.33 hours and maximum in 15.33 hours. Exercise 5.1 Estimating with PERT Beta Distri exactlyion interrogate 2 Data The exist for design phase of the software development is as follows The beat out scale / lowest cost = $35,000, The thrash matter / highest cost = $60,000, The most classifiable case / likely cost = $44,000 Part A pass judgment Cost = (The best case + 4 * (The most typical case) + the worst case) / 6 Expected Cost = ($35,000 + 4 * ($44,000) + $60,000) / 6 Expected Cost = $45,166.67 Part B monetary standard deflection = (the worst case the best case) / 6 quantity Deviation = ($60,000 $35,000) / 6 Standard Deviation = $4,166.67 Part C The part A of the question presents that the expect cost of the developing software finish in the desig n phase which is similar to the $45,166.67. ... After completing the both parts provide a range of possible cost of the design phase that is from $41,000.00/- to $49,333.33/-. Exercise 5.1 Estimating with PERT Beta Distribution interrogative sentence 3 Data From the previous records, the following bits of carpenters are required to complete the job The best case / fewer number of carpenters = 4 carpenters, The worst case / largest number of carpenters = 9 carpenters, The most typical case / likely number of carpenters = 6 carpenters Part A Expected number of carpenters = (The best case + 4 * (The most typical case) + the worst case) / 6 Expected number of carpenters = (4 + 4 * (6) + 9) / 6 Expected number of carpenters = 6.17 Part B Standard Deviation = (the worst case the best case) / 6 Standard Deviation = (9 4) / 6 Standard Deviation = 0.83 Part C The part A of the question presents the expected number of carpenters required to complete the job and after applying the form ula of PERT beta the calculated apprise is 6.17. In the part B of the question the standard deviation of the expected number of carpenters is calculated that is equivalent to 0.83. After subtracting and adding the value of standard deviation from / to the expected number of carpenters, the resulting value would provide us the estimated number of carpenters required to complete the job and the range is from 5.34 to 7 carpenters. Exercise 5.1 Estimating with PERT Beta Distribution mind 4 Dangers allied with PERT Technique The utilization of PERT technique involves several dangers and risks that include but are not limited to the following The PERT technique becomes complicated when