The Standard Deviation of a Project Duration Is Equal to the Sum

question 58

True/False

The standard deviation of a project duration is equal to the sum of the variances of all the activities of the project.

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Definitions:

Functional Managers

Managers responsible for specific departments within an organization, such as marketing or finance, overseeing specialized functions.

Process Managers

Individuals or tools responsible for overseeing, optimizing, and controlling the various processes within a project or organization to ensure efficiency and effectiveness.

Engineering Manager

A professional role that combines technical expertise with management skills to oversee engineering projects and teams.

Construction Project

A planned undertaking in building, assembling, or creating infrastructure or a facility.