A Project Manager Is Interested in Crashing a Project with Variable

question 75

Multiple Choice

A project manager is interested in crashing a project with variable activity times. Which of the following tools should he/she employ?

• A) PERT
• B) CPM
• C) Gantt Chart
• D) either PERT or CPM
• E) PERT, CPM, or a Gantt chart are fine.

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Definitions:

Sampling Error

Sampling error describes the difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Sampling Error

The difference between a sample statistic used to estimate a population parameter and the actual but unknown value of the parameter.

Sample

A subset of elements chosen from a larger set (population), typically used to infer properties about the population.

Population

The entire group of individuals or instances about whom the study is concerned or from which the data is drawn.