Multiple Choice
To calculate the probability of completing a project by a certain date,
A) the variance of the distribution of project completion times is taken to be one- sixth the difference between the latest finish time and the earliest finish time of the last activity in the project.
B) we assume that the activity durations are independent of each other so that the normal distribution can be used.
C) the expected completion time of the project is taken to be the sum of the activity times on the shortest path.
D) we only need the parameters of the beta distribution for the finish node of the diagram.
Correct Answer:

Verified
Correct Answer:
Verified
Q55: Risk is a measure of the probability
Q88: The _ cost refers to the additional
Q90: Describe four stages of development process.
Q91: If one activity along the critical path
Q92: _ is the shortest time in which
Q95: Assuming a beta distribution is being used,
Q96: In monitoring a project, negative slack indicates
Q97: Why is knowing the critical path in
Q98: All activities on the critical path must
Q120: Why do managers want to know the