Below Are the Data for a Time-Cost CPM Scheduling Model

question 58

Multiple Choice

Below are the data for a Time-Cost CPM Scheduling model analysis.The time is in days and the costs include both direct and indirect costs.
What are the total time of this project and total normal cost?

• A)Total time is 13 days,total cost is $1200
• B)Total time is 12 days,total cost is $1700
• C)Total time is 11 days,total cost is $1600
• D)Total time is 10 days,total cost is $1750
• E)Total time is 9 days,total cost is $1700

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Definitions:

Mean Score

A statistical measure representing the average value of a set of numbers, calculated by dividing the sum of all values by the number of values.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how spread out the values are from the mean.

Standard Deviation

A measure of the dispersion or variability within a set of numerical data, indicating how spread out the numbers are.

Standardize

To make consistent by conforming to a set standard or protocol to ensure uniformity and comparability.