The BIM Methodology Is Best Suited for Full Life Cycle

question 74

True/False

The BIM methodology is best suited for full life cycle ERP projects involving some custom-built solutions.

---

Definitions:

95th Percentile

A value below which 95% of the data points in a data set fall.

Mean

The arithmetic average of a set of values or quantities, calculated by dividing the total of all values by the number of values.

Standard Normal

A normal distribution with a mean of zero and a standard deviation of one, used as a basis for comparison with other normal distributions.

Random Variable

A variable that takes on different values randomly, each with a particular probability associated with it.