The probability based scheduling approach that recognizes and measures the uncertainty of the project completion times is the
A)GANTT chart.
B)PERT chart.
C)Critical Path Method.
D)GERT chart.
E)none of the above.

Question

Quizplus · Accepted Answer

The PERT (Program Evaluation and Review Technique) chart is a probability-based scheduling approach that recognizes and measures the uncertainty of project completion times. It uses statistical analysis to estimate the expected duration of each activity and the overall completion time of the project. This approach helps in identifying the critical path and making informed decisions to ensure project success.

The Probability Based Scheduling Approach That Recognizes and Measures the Uncertainty