Which of the Following Is Not a Limitation of PERT

question 23

Multiple Choice

Which of the following is not a limitation of PERT and similar project-scheduling techniques?

• A)They force the manager to organize and quantify information.
• B)One or more important activities may be omitted from the network.
• C)Precedence relationships may not all be correct as shown.
• D)Time estimates may contain a "fudge factor."
• E)The use of a computer is essential for large projects.

---

Definitions:

Prisoner's Dilemma

The Prisoner's Dilemma is a standard example of a game analyzed in game theory that shows why two completely rational individuals might not cooperate, even if it appears that it is in their best interest to do so.

Collude

When two or more parties come together to limit open competition by deceiving or misleading others about their rights and obligations.

Uncertain

Lacking predictability, assurance, or clarity about outcomes or consequences.

Game Theory Matrix

A tabular representation used in game theory to display the payoffs or outcomes for different strategies chosen by players in a strategic game.