Activity Time Estimates for the Following Project Schedule Have Been

question 13

Multiple Choice

Activity time estimates for the following project schedule have been developed using the PERT three-point time estimation method.

13.
Based on concepts presented in the text, what is the assumed likelihood Task D will be able to start at the end of Day 11?

• A) 100%
• B) 75%
• C) 50%
• D) 25%
• E) 10%

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Definitions:

International Monetary Fund

An international financial institution created in 1945 to promote global monetary cooperation, secure financial stability, facilitate international trade, and reduce poverty worldwide.

World Bank

A worldwide finance institution that provides funding and grants to underprivileged countries' governments to help finance capital projects.

World Trade Organization

An international organization that regulates international trade with the aim of ensuring that trade flows as smoothly, predictably, and freely as possible between nations.

Rich Benefits

Substantial or generous advantages or profits gained from a particular situation, occupation, or activity.