Are you pressed for time and haven’t started working on your assignment yet? Would you like to buy an assignment? Use our custom writing services for better grades. Even if your deadline is approaching fast, our writers can handle your task right when you need it.
Order a Similar Paper Order a Different Paper
A typical business request is to submit a budget—this can include budgets for funding a project, a planned business trip, and even operating costs for an office location. In the file “Budget.xlsx” a typical line item budget estimate is provided for a radiology department at a small hospital. Develop a forecasted budget using the PERT methodology (explained below) and compute the expense point where you are at least 95% sure that your expenses will not exceed this amount.
Use the file: “Budget.xlsx” to get you started and the information below to help guide you through the PERT methods.
Write a one-page paper summary of your findings and submit both the excel file and your document to Canvas. Your summary should include a written explanation of your “most likely” estimates, the type of value for each of the categories (deterministic vs probabilistic and why), and a written explanation of what the expense point means.