Examlex
Jamail is trying to decide whether to major in biology or psychology.Kevin is trying to figure out what major might allow him to get a good job right after college.Jamail is engaged in _____; Kevin is engaged in _____.
PERT
Program Evaluation and Review Technique, a project management tool used to schedule, organize, and coordinate tasks within a project.
CPM
Critical Path Method, a project management technique used to plan and control a project by identifying tasks, their durations, and dependencies to calculate the longest path of planned activities to the end of the project.
Beta Distribution
A continuous probability distribution characterized by two shape parameters, used in project planning and Bayesian statistics for modeling variable events.
Cost Estimates
The anticipated expenses involved in completing a project or producing a product, often used for budgeting and planning purposes.
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