Table 310
You Are Responsible for Managing a Project with the the Following

question 149

Multiple Choice

Table 3.10
You are responsible for managing a project with the following activities
(times are given in weeks) .
$$\begin{array} { | c | c | c | c | c | } \hline \text { Activity } & \begin{array} { c } \text { Optimistic } \\\text { Time }\end{array} & \begin{array} { c } \text { Most Likely } \\\text { Time }\end{array} & \begin{array} { c } \text { Pessimistic } \\\text { Time }\end{array} & \begin{array} { c } \text { Immediate } \\\text { Predecessor(s) }\end{array} \\\hline \text { A } & 2 & 5 & 14 & \cdots \\\text { B } & 8 & 11 & 14 & \cdots \\\text { C } & 5 & 7 & 9 & \text { A } \\\text { D } & 6 & 9 & 12 & \text { A } \\\text { E } & 1 & 3 & 5 & \text { D,B } \\\hline\end{array}$$
-Using Table 3.10,if the expected time for activity B is changed to 18 weeks,by how many weeks will the project's expected completion time increase?

• A) It will not change.
• B) It will increase by 1 or 2 weeks.
• C) It will increase by 3 or 4 weeks.
• D) It will increase by more than 4 weeks.

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Definitions:

Minimize Costs

The process of finding ways to reduce expenses and lower the cost of production in order to increase profitability.

Last Dollar

The concept of last dollar refers to the final portion of funding or resources available for a project, initiative, or individual, often indicating the utilization of all available funds.

Minimize Costs

The process or strategy of reducing expenses to the lowest possible level while maintaining efficiency.

Last Dollar

The final unit of currency spent or invested in the completion of a transaction or project.