In calculating the probability of a project being completed on time,applying the relevant formulas for expected time and variance allows us to calculate ______.
A)the most likely time for each activity
B)the expected cost for the project
C)the actual cost for the project
D)the start date for the project

Question

Quizplus · Accepted Answer

The relevant formulas for expected time and variance involve determining the most likely time for each activity, which is then used to calculate the overall expected time for the project. This information can be used to estimate the probability of the project being completed on time. The expected cost and actual cost for the project are not directly related to these formulas, and the start date for the project is typically determined separately.

In Calculating the Probability of a Project Being Completed on Time,applying