When Activity Times Are Uncertain, Total Project Time Is Normally

question 11

True/False

When activity times are uncertain, total project time is normally distributed with mean equal to the sum of the means of all of the critical activities.

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Personal Liability

The legal responsibility of an individual to satisfy debts or obligations incurred through their actions or decisions.

Investor-Owners

Individuals or entities that own a portion of a company through the possession of its stock, giving them a stake in its success.

Corporation

A corporation is a legal entity that is separate and distinct from its owners, possessing many of the rights and responsibilities of an individual, including the ability to enter contracts, sue, and be sued.

Shareholders

Individuals or entities that own shares in a company, giving them partial ownership and possibly voting rights.