When Developing Probabilistic Estimates of Project Duration, It Is Necessary

question 82

Multiple Choice

When developing probabilistic estimates of project duration, it is necessary to know which of the following?

• A)the mean and variance of every activity
• B)the mean and variance of activities on the critical path
• C)the standard deviation of activities on the critical path
• D)each activity's probability of completion
• E)the distribution of activity times

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Definitions:

Auctioneer

A person who conducts auctions, calling for and accepting bids, and declaring goods sold.

Semi-truck

A large truck or tractor unit designed to pull trailers or cargo, often used for long-haul transportation of goods.

Trailer

A large transport vehicle designed to be hauled by a truck or tractor, or a preview or advertisement of a film, TV show, or game.

Online Auction

A digital platform where goods or services are sold through a bidding process, allowing users to place bids over the internet until the auction expires.