Quantitative Risk Assessment

If X is the total number of working days required by the technicians to complete the lab setup and
heavy equipment move. For our estimate of 4.75 days +/- 20% we can model this random variable X
as a normal distribution with a mean of 4.75 days and a standard deviation of 0.95 days.

If Y is the total number of working days required by the students to move their desk posessions and
personal items to the new lab. For our estimate of 5 days +/- 40% we can model this random variable
Y as a normal distribution with a mean of 5 days and a standard deviation of 2.21 days.

Therefore the total number of working days to complete the move should take X+Y. This total does not
include delays to start of move or any other variable occurances.

We can model the resultant move time as follows:

Therefore we can say with a high degree of certainty (> 95%) that if the move is uninterrupted it will
take less then 3 weeks. To allow time for any unforseen delays it would be recommended to schedule a
larger amount of time.