A CPM/PERT project network with probabilistic activity times includes an activity with a most likely time of 17 days, an optimistic time of 8 days, and a pessimistic time of 26 days. The mean time for this activity is (round to the nearest whole number)
Question
A CPM/PERT project network with probabilistic activity times includes an activity with a most likely time of 17 days, an optimistic time of 8 days, and a pessimistic time of 26 days. The mean time for this activity is (round to the nearest whole number)
Solution
The mean or expected time for an activity in a CPM/PERT project network can be calculated using the formula:
Expected Time = (Optimistic Time + 4(Most Likely Time) + Pessimistic Time) / 6
Substituting the given values into the formula:
Expected Time = (8 days + 4(17 days) + 26 days) / 6 Expected Time = (8 + 68 + 26) / 6 Expected Time = 102 / 6 Expected Time = 17 days
So, the mean time for this activity is 17 days.
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