Exhibit 15.2 The Following Questions Employ the AON Network and Completed Spreadsheet

question 48

Multiple Choice

Exhibit 15.2
The following questions employ the AON network and completed spreadsheet below.
-There are various similarities between the CPM and PERT methods. Which of the following is not one of those similarities?

• A) Any project can be broken down into component activities that require different amounts of time.
• B) Any project can be broken down into component activities that must be accomplished in a specific order.
• C) Both techniques use the same method to calculate the time element of the activities in the project.
• D) Both require a detailed network of the project that clearly indicates each of the main activities and the precedence relationship among the activities.

---

Definitions:

Mean Absolute Deviation

A statistical metric that measures the average distance between each data point and the mean of a data set, demonstrating variability.

Weighted Average Model

A calculation model that assigns varying degrees of importance or weights to different data points or variables when computing an average.

Forecasts

Predictions or estimations about future events or trends, often based on statistical models and analysis of past data.