You have been recently assigned to provide an accurate project schedule for a large construction company. You are evaluating the network diagram for the construction project.
Your lead engineer has given you the following estimates for several critical path activity: 30 days (optimistic), 80 days (pessimistic), and 40 days (most likely). Which of the following dates can you commit with approximately a 95 percent confidence level, assuming a beta distribution?
A . The activity will take between 30 days and 80 days B . Not enough information is provided
C . The activity will take between 20 days and 70 days D . The activity will take between 36 days and 53 days E . The activity will take between 28 days and 61 days
A.
B.
C.
D.
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