A Local Project Being Analyzed by PERT Has 42 Activities

question 125

Multiple Choice

A local project being analyzed by PERT has 42 activities, 13 of which are on the critical path. If the estimated time along the critical path is 105 days with a project variance of 25, what is the probability that the project will be completed in 95 days or more?

• A) -0.40000
• B) 0.02275
• C) 0.34444
• D) 0.97725
• E) 4.20000

---

Definitions:

Tax Treatment

The specific way tax laws apply to various types of income, expenses, and investments.

Political Uncertainty

Refers to the risk or condition resulting from unclear or unpredictable political outcomes that can impact economic and financial markets.

Export Development Corporation

A government agency tasked with supporting and developing the country's export trade, offering financing, insurance, and bonding services to exporters.

Customs Brokerage Firm

A company that specializes in facilitating the import and export of goods, helping businesses navigate through customs regulations and procedures.