In the probabilistic approach to project network analysis, the time estimate annotated tm for any activity is the:
A) mean time.
B) median time.
C) most likely timE.
D) mode time.
E) marginal time.

Question

Quizplus · Accepted Answer

In the probabilistic approach to project network analysis, the time estimate annotated tm for any activity is the most likely time, which is the time estimate that reflects the greatest probability of the activity being completed in a certain duration. Other measures such as mean, median, and mode may be used in other statistical calculations, but they are not the primary measure for estimating time in project network analysis. The marginal time is not a commonly used term in project network analysis.

In the Probabilistic Approach to Project Network Analysis, the Time