An Activity in a Network Diagram Has an Optimistic Time

question 65

True/False

An activity in a network diagram has an optimistic time estimate of five days, a most likely time estimate of seven days, and a pessimistic time estimate of 15 days. Its expected time is eight days.

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Definitions:

Change Management

The process, tools, and techniques used to manage the people side of change to achieve the required business outcome; it involves managing the transition from a current state to a desired future state.

Vanilla Approach

A method or solution that is simple, basic, or unmodified; often used as a starting point before any customizations are made.

ERP Implementation

ERP Implementation involves the process of deploying enterprise resource planning software in an organization to manage and integrate the important parts of its business.

SaaS ERP

Software as a Service-based Enterprise Resource Planning systems that provide business management tools over the internet.