Through the use of PERT/CPM, astute managers can derive flexibility by identifying noncritical activities and replanning, rescheduling, and reallocating resources such as personnel and finances.
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Q14: PERT stands for Probabilistic Evaluation and Review
Q15: One of the most significant benefits of
Q16: The three time estimates employed in PERT
Q17: Given the assumptions in PERT, the probability
Q18: With PERT, we are able to calculate
Q20: Given the variability of the activity completion
Q21: Once the crash cost per time period
Q22: The critical path of a network is
Q23: Gantt charts and PERT diagrams provide the
Q24: When crashing a project, all critical paths
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