Course Solutions Uncategorized Kop T Assume Project Completed Five Independent Tasks Must Completed Tasks Proceeding Para Q34224603

Kop T Assume Project Completed Five Independent Tasks Must Completed Tasks Proceeding Para Q34224603

Please use excel and show all formulas used
kop t Assume that for this project to be completed, five independent tasks must be completed. These tasks are proceeding in parallel by five different subcontractors. To keep it simple, lets assume that each task takes between 1 and 5 months to complete (uniformly distributed, ie. equally likely to take any amount of time between 1 and 5 months). So, the mean time to complete each task is 3 months and the probability of any given task taking 3 months or longer is 0.5. However, the project is NOT considered complete 

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