An Activity in a Network Diagram Has an Optimistic Time

question 13

Multiple Choice

An activity in a network diagram has an optimistic time estimate of seven days, a most likely time estimate of 11 days, and a pessimistic time estimate of 19 days. Its variance is _________.

• A) 2
• B) 4
• C) 6
• D) 12
• E) 24

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Definitions:

Evaluate

The process of assessing or examining something to determine its value, quality, importance, extent, or condition.

Customer Feedback

Pertains to the information, insights, and opinions provided by customers about their experience with a company's products or services.

Positioning Strategies

Techniques used by businesses to place their products or services in the market so that they stand out to potential customers.

Competitive Advantage

An advantage that a company has over its competitors, allowing it to generate greater sales or margins and/or attract & retain more customers.