Which of the Following Are Limitations of PERT

question 107

Multiple Choice

Which of the following are limitations of PERT?
(I) Time estimates may include a fudge factor.
(II) Important activities may be overlooked.
(III) It is an after-the-fact analysis.

• A) I and II
• B) I, II, and III
• C) I and III
• D) II and III
• E) I only

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Definitions:

Multicollinearity

A statistical phenomenon in which two or more predictor variables in a multiple regression model are highly correlated, potentially affecting the stability of the model.

Linear Regression

A statistical method to model the relationship between a dependent variable and one or more independent variables by fitting a linear equation to observed data.

Predictor Variables

Variables in statistical models that are used to predict or explain changes in a dependent variable.

Correlation Matrix

A table showing correlation coefficients between variables, indicating the strength and direction of relationships.