_____ is well suited for developing simulations where the project manager can conduct sensitivity analysis for schedule planning and risk analysis.
A) Project Network Diagrams
B) Gantt Charts
C) PERT
D) Activity on the Node
E) Critical Path Analysis

Question

Quizplus · Accepted Answer

PERT (Program Evaluation and Review Technique) is a method for analyzing the tasks involved in completing a project, especially those tasks that are dependent on other tasks to be completed first. It is useful for developing simulations that allow for sensitivity analysis for schedule planning and risk analysis. PERT uses a network diagram and critical path analysis to help identify the critical path and potential bottlenecks in the project schedule. Gantt charts, Activity on the Node, and Critical Path Analysis can also be helpful for project management, but PERT is specifically designed for risk analysis and sensitivity analysis.

_____ Is Well Suited for Developing Simulations Where the Project