The Fundamental Difference Between PERT and CPM Is That PERT

question 89

True/False

The fundamental difference between PERT and CPM is that PERT uses the beta distribution for crashing projects while CPM uses cost estimates.

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Definitions:

Specified Time Periods

Predetermined intervals or durations during which particular activities, events, or processes are intended to occur or be completed.

Positive Feelings

Emotions or attitudes that are conducive to happiness and contentment, including optimism and joy.

Organizational Positions

Designated roles or jobs within an organization, each with specific responsibilities and authority levels, structured to contribute to the organization's goals.

Interdependent

Describes a situation or relationship where parties are mutually reliant on each other to achieve certain goals or outcomes.