When Individual Activity Lengths Are Overestimated

question 53

Multiple Choice

When individual activity lengths are overestimated:

• A)their individual errors tend to cancel out so that the overall project is completed as estimated.
• B)the project completion time is grossly underestimated.
• C)the project completion time is overestimated.
• D)there is no effect if the estimation is done using point estimates for activity lengths.

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Definitions:

SCIS Systems

Integrated technology platforms that support the management of the supply chain, focusing on improving efficiency and communication between participants.

Unified Solution

A strategy or product designed to address multiple challenges or requirements in a cohesive manner.

Information System

A structured, interacting, complex of people, machines, and procedures designed to generate an orderly flow of pertinent information, for use as a basis for decision-making in specific responsibility areas.

Supply Chain Data

Information and metrics collected from across the supply chain used for analysis, forecasting, and making informed decisions.