PMP Question Please help
A project manager has been asked by the client to meet the promise date of the project. The project manager analyzes the schedule before promising a date to the customer. The project manager uses the program evaluation and review technique to evaluate the project schedule. She decides that based on the PERT calculations she can promise a delivery date of June 30. The expected value of the project completion date is May 30. If the project manager is willing to accept a 5% probability that the project will be delivered later than June 30, what is the standard deviation of the duration of the activities on the critical path? Assume a five-day workweek.
a. Ten days
b. Fifteen days
c. One-half month
d. One month


sspawar
Thu, 02/07/2013 - 07:15
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this question always asked
this question always asked and it creats trouble to all.
I have explained it in my blog. er-sspawar.blogspot.in DATED 29/MAY/2012.
Also can search putting key words in search box.
peeyushm
Fri, 02/08/2013 - 09:24
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I went through other related
I went through other related discussions and explanation at your blog but still not able to get that how you reach that 31 D = 1.65 Sigma (95% Probability, for 2 sigma its 47.7%)
I am able to get rest of the things. Can you please explain?
nvkvani
Fri, 02/08/2013 - 11:31
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On this below link, answered
On this below link, answered othrwise...pls check
http://pmhub.net/forums/viewtopic.php?f=50&t=15328
Deviation =2 sigma since confidence is 95%
expected date+4 weeks = expected date+ SD*2
SD=4 weeks/2 = 2 weeks or 1/2 month so the answer is C
sspawar
Fri, 02/08/2013 - 16:06
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You may go through few more
You may go through few more postings of blog above (later)of that one . how 95% area have 1.65 score is given there.
Also refer this link
http://www.pmzilla.com/standard-deviation-0