Which of the Following Statements Regarding PERT Analysis Is True

question 35

Multiple Choice

Which of the following statements regarding PERT analysis is true?

• A) Each activity has two estimates of its duration.
• B) Project variance is the sum of all activity variances.
• C) Project standard deviation is the sum of all critical activity standard deviations.
• D) Only critical activities contribute to the project variance.
• E) Only non-critical activities contribute to the project variance.

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Definitions:

Selling Price

The set amount of money for which a product or service is sold to customers.

Spot Rates

The present cost at which a specific asset is available for purchase or sale with immediate delivery.

Selling Price

The amount of money for which an item is sold to a buyer.

Hedge Transaction

A financial agreement or trade designed to reduce or eliminate the risk of future price fluctuations.