PERT Calculations Typically Include the Duration Variance of Each Activity

question 32

Essay

PERT calculations typically include the duration variance of each activity. What is the purpose of this calculation-what's the role of variances in PERT analysis?

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Definitions:

Public Sector

The part of the economy that is controlled by the government, including various government departments and agencies.

Hierarchical

Relating to the classification or arrangement of individuals or entities based on rank, order, or authority within a structure.

Public Sector Bargaining

The negotiation process between government employers and unions representing public sector employees to settle terms of employment.

Federal Level

Pertains to the national government level, as opposed to state or local levels, often in reference to laws, regulations, or administrative agencies.