Scheduled Time given Probability Factor Calculator

✖The Standard Deviation is a measure of how spread out numbers are.ⓘ Standard Deviation [σ]			+10% -10%
✖The probability Factor is a term used to find the probability of a project getting completed in the expected time.ⓘ Probability Factor [Z]			+10% -10%
✖Mean Time, also called expected time is the time needed to complete an activity.ⓘ Mean Time [t_e]			+10% -10%

✖Scheduled Time is the time which is made as per the experience and practice by the creator of the project.ⓘ Scheduled Time given Probability Factor [T_s]

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Scheduled Time given Probability Factor Solution

STEP 0: Pre-Calculation Summary

Formula Used

Scheduled Time = (Standard Deviation*Probability Factor)+Mean Time
T_s = (σ*Z)+t_e
This formula uses 4 Variables

Variables Used

Scheduled Time - (Measured in Day) - Scheduled Time is the time which is made as per the experience and practice by the creator of the project.
Standard Deviation - The Standard Deviation is a measure of how spread out numbers are.
Probability Factor - The probability Factor is a term used to find the probability of a project getting completed in the expected time.
Mean Time - (Measured in Day) - Mean Time, also called expected time is the time needed to complete an activity.

STEP 1: Convert Input(s) to Base Unit

Standard Deviation: 1.33 --> No Conversion Required
Probability Factor: 2.03 --> No Conversion Required
Mean Time: 4 Day --> 4 Day No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

T_s = (σ*Z)+t_e --> (1.33*2.03)+4

Evaluating ... ...

T_s = 6.6999

STEP 3: Convert Result to Output's Unit

578871.36 Second -->6.6999 Day (Check conversion here)

FINAL ANSWER

6.6999 Day <-- Scheduled Time

(Calculation completed in 00.004 seconds)

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Credits

Created by Chandana P Dev

NSS College of Engineering (NSSCE), Palakkad

Chandana P Dev has created this Calculator and 500+ more calculators!

Verified by Mithila Muthamma PA

Coorg Institute of Technology (CIT), Coorg

Mithila Muthamma PA has verified this Calculator and 700+ more calculators!

< Project Evaluation and Review Technique Calculators

Optimistic Time given Expected Time

LaTeX Go Optimistic Time = (6*Mean Time)-(4*Most Likely Time)-Pessimistic Time

Mean or Expected Time

LaTeX Go Mean Time = (Optimistic Time+(4*Most Likely Time)+Pessimistic Time)/6

Most Likely Time given Expected Time

LaTeX Go Most Likely Time = (6*Mean Time-Optimistic Time-Pessimistic Time)/4

Pessimistic Time given Expected Time

LaTeX Go Pessimistic Time = 6*Mean Time-Optimistic Time-4*Most Likely Time

Scheduled Time given Probability Factor Formula

LaTeX Go

Scheduled Time = (Standard Deviation*Probability Factor)+Mean Time
T_s = (σ*Z)+t_e

What is Probability of Occurrence of an Event?

The probability of a project to complete at expected time is 50% and this probability increases or decreases according to the increase or decrease on scheduled time. Since the probability distribution of the entire project is in normal distribution, the probability can be determined using probability factor. If the factor is 0, probability of completing project at expected time is 50%

What is Central Limit Theorem and Critical Path?

Central Limit Theorem: The theorem states that a project consists of a large number of activities, where each activity has its own mean time (te), standard deviation (σ), variance (σ2) and also its own ß-distribution curve.
Critical Path: The time-wise longest path is the critical path. In this path, any type of delay in any event will cause a delay in the project. These are shown by double lines or dark lines in a network.2

How to Calculate Scheduled Time given Probability Factor?

Scheduled Time given Probability Factor calculator uses Scheduled Time = (Standard Deviation*Probability Factor)+Mean Time to calculate the Scheduled Time, The Scheduled Time given Probability Factor formula is defined as the time which is already scheduled before starting the project. Scheduled Time is denoted by T_s symbol.

How to calculate Scheduled Time given Probability Factor using this online calculator? To use this online calculator for Scheduled Time given Probability Factor, enter Standard Deviation (σ), Probability Factor (Z) & Mean Time (t_e) and hit the calculate button. Here is how the Scheduled Time given Probability Factor calculation can be explained with given input values -> 7.8E-5 = (1.33*2.03)+345600.

FAQ

What is Scheduled Time given Probability Factor?

The Scheduled Time given Probability Factor formula is defined as the time which is already scheduled before starting the project and is represented as T_s = (σ*Z)+t_e or Scheduled Time = (Standard Deviation*Probability Factor)+Mean Time. The Standard Deviation is a measure of how spread out numbers are, The probability Factor is a term used to find the probability of a project getting completed in the expected time & Mean Time, also called expected time is the time needed to complete an activity.

How to calculate Scheduled Time given Probability Factor?

The Scheduled Time given Probability Factor formula is defined as the time which is already scheduled before starting the project is calculated using Scheduled Time = (Standard Deviation*Probability Factor)+Mean Time. To calculate Scheduled Time given Probability Factor, you need Standard Deviation (σ), Probability Factor (Z) & Mean Time (t_e). With our tool, you need to enter the respective value for Standard Deviation, Probability Factor & Mean Time and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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