The probability of completing a project in a specified amount of time is being calculated. For a particular path through the project, the z-value shows the path's number of standard deviations that the specified time is past the expected path completion time.

Question

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This statement is true. The z-value represents the number of standard deviations that the completion time for a path is past the expected completion time.

The Probability of Completing a Project in a Specified Amount