The Beta Distribution Is Used in Project Management To

question 48

Multiple Choice

The beta distribution is used in project management to:

• A) determine which activity should be crashed.
• B) calculate the probability that a project will be completed within its budget.
• C) calculate expected activity times.
• D) calculate slack for activities on the critical path.
• E) none of these.

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Definitions:

Shared Interests

Common activities or hobbies that individuals enjoy together, strengthening their bond.

Relationship Commitment

The emotional and moral pledge to maintain a relationship, characterized by the intent for long-term continuity.

Investments

Things that people contribute to a relationship that they can’t get back if the relationship ends.

Exchanges

Interactions or transactions between two or more parties, often involving the trading of goods, services, or communications.