For a Project with Many Task Paths of near Equal

question 27

Multiple Choice

For a project with many task paths of near equal length, the best way to estimate the probabilities associated with project completion is:

• A)Estimate the probability for the critical path
• B)Multiply the probabilities of all paths
• C)Use simulation to model the project
• D)Calculate the joint probability of project completion

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Definitions:

Grant Opportunities

Available funding sources offered by governments, organizations, or institutions for specific projects or causes.

Gainful Employment Rule

A regulation designed to ensure that education programs prepare students for gainful employment in a recognized occupation.

U.S. Department of Education

The U.S. Department of Education is a Cabinet-level department of the United States government focused on establishing policy, administering, and coordinating federal assistance to education.

Crowdfunding

A method of raising capital for a project or venture by asking a large number of people to donate small amounts of money, often via the Internet.