An Activity on a PERT Network Has These Time Estimates

question 80

Multiple Choice

An activity on a PERT network has these time estimates: optimistic = 1, most likely = 2, and pessimistic = 5. Its expected time is

• A) 2.00
• B) 2.33
• C) 2.67
• D) 8.00
• E) none of these

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Definitions:

Secondary labour market jobs

Positions typically characterized by lower pay, less job security, and fewer benefits, often found in sectors with high turnover and less formal job qualification requirements.

Primary labour market

The sector of the job market that offers high-paying jobs, good job security, and often requires higher education or specialized skills.

Labour unions

Organizations formed by workers from related fields that work for the betterment of their members' working conditions, wages, and benefits.

Occupational groups

Categories of jobs that are similar in terms of the tasks, duties, and responsibilities they entail, often used in the study of careers and labor markets.