Your project evaluations have come in as follows: Most Likely is 100 days, Pessimistic is 250 days, Optimistic is 75 days. What is the expected value of this calculation?
A
120.83 days
explanation
Expected value is calculated as follows: (Optimistic + Pessimistic + (4 × Most Likely)) ÷ 6. The formula is as follows: ($75 + $250 + (4 × $100)) ÷ 6 = $120.83.
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4 years ago
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4 years ago
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kerbs2CB
4 years ago
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Comments
edenegayle
4 years ago
I’m not sure how this app is accurate, simple & effective along with FREE? But I’m so grateful. Getting professional qualifications can be so expensive & daunting to tackle. This test taking, review-type app has been so extremely helpful. The structure of the app is so intuitive. It definitely helps with giving you an understanding of why something is wrong / right & making sure it sticks. Absolutely love it & I'm so grateful.
nikhildv
4 years ago
This app has been a great help, It gives perspective with the answers and that helps you prepare ... thanks for sharing it.
kerbs2CB
4 years ago
This app helped me pass my PMP today. The questions are not exactly as they are on the test but they help you with gaining the knowledge you need to pass the test! And it is free! I would recommend this to anyone studying for the PMP.