The Estimated Variance for an Activity with a Most Likely

question 47

Multiple Choice

The estimated variance for an activity with a most likely time (m) equal to 12 weeks,an optimistic time (a) equal to 9 weeks,and a pessimistic time (b) equal to 18 weeks is

• A)3.75 weeks.
• B)1.50 weeks.
• C)5.25 weeks.
• D)2.25 weeks.

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Definitions:

Divisionalization

The organizational strategy of dividing a company into semi-autonomous units or divisions, each focusing on a particular business sector or product line.

Decentralization

Decentralization refers to the process of distributing or dispersing functions, powers, people, or things away from a central location or authority.

Job Descriptions

Detailed explanations of the roles, tasks, duties, responsibilities, and scope of a particular job.

Coordination Through Standardization

The process of ensuring that organizational tasks and procedures are uniform, facilitating synchronization across different parts of an organization.