Project Management

Process Map

1- Read the Quantitative Primer (or refresh your memory if you have already read it earlier in the Statistics Ramp Up tab under Course Resources in Content). Then post a response to the following two questions:

• Provide an example of a probability distribution (other than the example provided in the Quantitative Primer) and argue clearly whether or not you believe that this probability distribution is a normal distribution.
• Suppose you look at the outline of a probability distribution and it appears bell shaped but you are not certain whether it is normal. You then estimate that the area under the outline curve (of the distribution) of a two sigma (two standard deviations) band centered around the mean is 85% of the total area under the outline curve, meaning that the band bounded by two standard deviations to the left of the mean and two standard deviations to the right of the mean has area roughly equal to 85% of the total area. Explain why this distribution would not be normal. (Hint: eyeball this site: https://www.investopedia.com/terms/n/normaldistribution.asp.)

2- Please create a detailed process map with all tasks, decision points and loopbacks for a function that you are responsible for or familiar with. Then use the approach illustrated in, Value-added Flow Charting, to analyze its cycle-time.