In Making an Estimate of the Most Pessimistic Time for an Activity

question 136

Multiple Choice

In making an estimate of the most pessimistic time for an activity, a manager deliberately estimates this time too high (i.e., longer than it should be) . What is the result of this action, assuming the beta distribution is being used to make time estimates?

• A) The most likely time for this activity will be larger than it should be.
• B) The variance of the activity will be smaller than it should be.
• C) The beta distribution will be symmetric around its mean.
• D) The expected time for this activity will be larger than it should be.

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Definitions:

Latin

An ancient Italic language of the Roman Empire, used historically in scholarship and as a liturgical language of the Catholic Church.

Projection

Psychological defense mechanism in which unacceptable or threatening impulses or feelings are seen as originating with someone else, usually the target of the impulses or feelings.

Defense Mechanism

Psychological strategies brought into play by individuals, groups, or even nations to cope with reality and to maintain self-image.

Infidelity

Refers to the act of being unfaithful or violating a commitment or trust in a romantic relationship.