Contract Requirements State That a Project Must Be Completed Within

question 38

Multiple Choice

Contract requirements state that a project must be completed within 180 working days,or it will incur penalties for late completion.Analysis of the activity network reveals an estimated project time of 145 working days with a project variance of 400.What is the probability that the project will be completed before the late-payment deadline?

• A)0.0401
• B)0.4599
• C)0.8056
• D)0.9599
• E)near 1.0000,or almost certain

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Definitions:

Back Office

The administrative and support personnel in an organization who are not client-facing.

Database Software

An electronic filing system best used for larger and more complicated groups of data that require more than one table and the ability to group, sort, and retrieve data and generate reports.

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A spreadsheet program developed by Microsoft, used for data organization, calculation, graphing tools, and pivot tables.

Personal Information Manager

Software that helps users organize personal data such as contacts, appointments, tasks, notes, and emails.