To Calculate the Variances of Activity Times in CPM Analysis

question 29

True/False

To calculate the variances of activity times in CPM analysis we must use all three time estimates (i.e. ,optimistic,most likely and pessimistic time estimates).

---

Definitions:

Dispenser

A device designed to release a specific amount of material, such as soap, towels, or beverages, often for efficiency and convenience in various settings.

Functional

Refers to products or services designed to fulfill specific purposes or tasks.

Aesthetic Design

Involves enhancing the appearance and emotional appeal of a product or interface to improve user experience.

Brand Personality

The set of human characteristics attributed to a brand, shaping consumer perceptions and fostering emotional connections with the brand.