Which of the Following Is Not a Fundamental, Inherent Weakness

question 18

Multiple Choice

Which of the following is not a fundamental, inherent weakness in the probabilistic approach to PERT?

• A)One may have difficulty in obtaining three reliable time estimates for each activity.
• B)There is the possibility of large variances for non-critical activities.
• C)The assumption that activity times are independent of each other.
• D)The assumption that possible overall project completion times are Beta-distributed.

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Definitions:

Operational Growth

The expansion of a company's operational capacity, often leading to increased output, efficiency, or market share.

Strategic Planning

The process of defining an organization's strategy or direction and making decisions on allocating resources to pursue this strategy.

Business Planning

The process of creating a detailed plan outlining a company's goals, strategies, resources, and projected financial performance over a certain period.

Financial Planning

The process of evaluating an individual's or organization's current financial status and creating strategies to achieve future financial goals.