The beta distribution is used in project management to:
A)determine which activity should be crashed.
B)calculate the probability that a project will be completed within its budget.
C)calculate expected activity times.
D)calculate slack for activities on the critical path.
E)none of the above

Question

Quizplus · Accepted Answer

The beta distribution is used to calculate expected activity times in project management. The distribution allows for a range of values to be considered for the expected time, rather than just a single point estimate. By using a beta distribution, project managers can better estimate the amount of time an activity will take, which can help with project planning and scheduling.

The Beta Distribution Is Used in Project Management To