PERT (Program Evaluation and Review Technique) Generally Treats Activity Completion

question 1

Multiple Choice

PERT (Program Evaluation and Review Technique) generally treats activity completion times as probabilistic and:

• A)is used to construct a Gantt chart.
• B)is used to determine the probability that a project will be complete within a given time frame.
• C)can be used to determine the exact completion time of an activity.
• D)can be used to determine the exact completion time of a project.

Recognize the techniques for involving employees in organizational change processes.

Comprehend the importance of communication and involvement in successful organizational change.

Understand examples and types of incremental and radical changes within organizations.

Describe the role of HR metrics and evaluation in organizational performance.

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance.

Depreciation

The allocation of the cost of an asset over its useful life, reflecting the reduction in value owing to wear and tear, age, or obsolescence.

Sensitivity Analysis

The study of how the variation in the output of a model can be apportioned, qualitatively or quantitatively, to different sources of variation in the input of a model.

Fixed Costs

Expenses that do not change with the level of production or output over the short term, such as rent or salaries.