Which of the following statements is true? A. PERT is considered as a deterministic approach and CPM is a probabilis t ic techniques. B. PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach. C. PERT and CPM are both probabilistic techniques. D. PERT and CPM are both considered as deterministic approachs

Which of the following statements is true?

A. PERT is considered as a deterministic approach and CPM is a probabilis t ic

techniques.

B. PERT is considered as a probabilistic techniques and CPM is considered as a

deterministic approach.

C. PERT and CPM are both probabilistic techniques.

D. PERT and CPM are both considered as deterministic approachs
by

1 Answer

Answer :

B. PERT is considered as a probabilistic techniques and CPM is considered as a

deterministic approach
by

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For a project manager to have an effective means of identifying and communicating the planned activities and their interrelationships, he must use a network technique. One of the network techniques is commonly known as PERT, what does PERT stands for? a. Project evaluation review technique b. Program evaluation review technique c. Path evaluation review technique d. Project execution review technique

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Which statement best describes a responsibility of the project manager: a. to be the sole source of expertise for estimating techniques on cost and time. b. to deliver the project objectives to enable benefits to be realised. c. to take ultimate accountability for the delivery of the business benefits. d. to delegate all accountability for managing time, cost and quality to team leaders.

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According to the Project Management Institute (PMI), project management is defined as “the application of knowledge, _____, _____, and techniques to project activities to meet the project requirements”. Select one: a. skills, analysis b. tools, analysis c. analysis, theories d. skills, tools e. skills, theories

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Last Answer : e) All of the above.

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Project management includes the tools, techniques, and essential to deal with the growth of products a. Knowledge b. Skill c. Attitude d. Confidence

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Last Answer : a. Knowledge

Monte Carlo analysis can help predict the impact of risks on project deliverables. This is an element of one of the tools and techniques of which of the following processes? A. Risk Response Planning B. Quantitative Risk Analysis C. Risk Identification D. Qualitative Risk Analysis

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