Three team members are given the task of estimating activity durations.Mr.Optimist estimates the activity to take 2 days to complete.Ms.Pessimist estimates the activity to take 5 days.Mrs.Realist claims that the most likely estimate is 4 days.What should their PERT analysis assign as an expected duration for the activity and what are the benefits and implications of deploying this tool?
Correct Answer:
Answered by Quizplus AI
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q64: What is meant by slack (or float)?
Q65: What is a kick-off meeting? What purpose
Q66: Construct an Activity on the Node (AON)
Q67: Describe the steps necessary for estimating the
Q68: In what ways are project network diagrams
Q70: In the context of critical chain project
Q71: What is the difference between crashing and
Q72: How can parallel activities help shorten the
Q73: Define the following and give a real
Q74: How does the work breakdown structure (WBS)
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