The Beta Distribution Is Used in Project Management to

question 23

Multiple Choice

The Beta distribution is used in project management to

• A) determine which activity should be crashed.
• B) calculate the probability that a project will be completed within its budget.
• C) calculate expected activity times.
• D) calculate slack for activities on the critical path.
• E) calculate slack for activities on the shortest path.

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Definitions:

Teams

Groups of people working together towards a common goal.

Traverse

To move or travel across, through, or over a specific area or space.

Informal Groups

Naturally occurring groups within organizations or social settings, formed based on common interests, friendships, or identities, without formal structure.

Organizational Goals

The objectives or targets that an organization aims to achieve in a specific timeframe.