Project Management

  

1. Please
answer each of the following:
a. What
is the expected time to complete a task with an optimistic, most likely, and
pessimistic times of 3, 4 and 7 days respectively?
b. What
is the standard deviation of the same task, assuming the estimates were made at
the 99% plus level?
c. What
is the standard deviation of the same task, assuming the estimates were made at
the 90% level?