The three time estimates employed in PERT are optimistic time, average time, and pessimistic time.
Correct Answer:
Verified
Q11: The first step in planning and scheduling
Q12: PERT and CPM are quantitative analysis tools
Q13: The longest time path through a PERT/CPM
Q14: PERT stands for Probabilistic Evaluation and Review
Q15: One of the most significant benefits of
Q17: Given the assumptions in PERT, the probability
Q18: With PERT, we are able to calculate
Q19: Through the use of PERT/CPM, astute managers
Q20: Given the variability of the activity completion
Q21: Once the crash cost per time period
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents