A ________ analysis requires three time estimates for each activity.
A) Work Breakdown Structure (WBS)
B) Critical Path Method (CPM)
C) Program Evaluation and Review Technique (PERT)
D) project charter
E) cost-benefits

Question

Quizplus · Accepted Answer

PERT analysis requires three time estimates for each activity - optimistic, most likely, and pessimistic. WBS is a method for breaking down the project into smaller, manageable components. CPM is a method for identifying the critical path and determining the shortest possible project duration. A project charter is a document that outlines the project's purpose, scope, and objectives. Cost-benefit analysis is a method for comparing the costs and benefits of different project options.

A ________ Analysis Requires Three Time Estimates for Each Activity