With This Method of Percentage Complete Estimation, a Team Agrees

question 26

Multiple Choice

With this method of percentage complete estimation, a team agrees to use a set of completion milestones such as thirds (33 percent, 67 percent, 100 percent) or fourths (25 percent, 50 percent, 75 percent, 100 percent) .

• A) 0-100 percent rule
• B) 50-50 percent rule
• C) Interval percent rule
• D) EVM

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Definitions:

Standard Deviation

A measure of the dispersion or variability around the mean of a set of data, often used in finance to assess investment risk.

Expected Rate

An anticipated return on investment, interest rate, or growth rate based on historical data, market analysis, or other predictive models.

Probability

This refers to the likelihood of occurrence of an uncertain event, often expressed as a number between 0 and 1.

Narrowest Bell Curve

Describes a distribution with a high peak and steep sides, indicating that the data points cluster closely around the mean, showing low variability.