PERT (Project Evaluation and Review Technique) analysis is based on A. Optimistic time, Pessimistic time and Most likely time B.Pessimistic time, Optional time, Maximum time C.Optimistic time, Efficient time, Most likely time D.Minimax time, Optimistic time and harmonic time

PERT (Project Evaluation and Review Technique) analysis is based on 

A. Optimistic time, Pessimistic time and Most likely time 

B.Pessimistic time, Optional time, Maximum time 

C.Optimistic time, Efficient time, Most likely time 

D.Minimax time, Optimistic time and harmonic time
by

1 Answer

Answer :

A. Optimistic time, Pessimistic time and Most likely time
by

Related questions

In PERT (Project Evaluation and Review Technique) method Expected time (Te) is A. (To+Tp+4Tm)/6 B. (To+Tp+2Tm)/6 C. (To+Tp+Tm)/6 D. (Tm+Tp+4To)/6

Description : In PERT (Project Evaluation and Review Technique) method Expected time (Te) is  A. (To+Tp+4Tm)/6  B. (To+Tp+2Tm)/6  C. (To+Tp+Tm)/6  D. (Tm+Tp+4To)/6

Last Answer : A. (To+Tp+4Tm)/6

. The PERT in project management means program evaluation and _____ technique. (A) resource (B) reconciliation(C) reconsideration (D) review

Description : . The PERT in project management means program evaluation and _____ technique. (A) resource (B) reconciliation (C) reconsideration (D) review

Last Answer : (D) review

You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your A. 54 B. 66 C. 60 D. 30project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the weighted average or expected value?

Description : You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the ... the weighted average or expected value? A. 54 B. 66 C. 60 D. 30

Last Answer : C. 60

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

Description : 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 ... evaluation review technique c. Path evaluation review technique d. Project execution review technique

Last Answer : b. Program evaluation review technique

The first method invented for planning projects, was (A) Bar chart method (B) Milestone chart (C) Critical path method (CPM) (D) Programme Evaluation and Review Technique (PERT)

Description : The first method invented for planning projects, was (A) Bar chart method (B) Milestone chart (C) Critical path method (CPM) (D) Programme Evaluation and Review Technique (PERT)

Last Answer : (A) Bar chart method

PERT stand for: a. Performance Evaluation Review Technique b. Programme Evaluation Review Technique c. Programme Evaluation Research Technique

Description : PERT stand for: a. Performance Evaluation Review Technique b. Programme Evaluation Review Technique c. Programme Evaluation Research Technique

Last Answer : b. Programme Evaluation Review Technique

PERT stands for __________. A. Programme Evaluation and Research Techniques. B. Project Evaluation and Review Techniques. C. Programme Evaluation and Review Techniques. D. Project Evaluation and Research Techniques.

Description : PERT stands for __________. A. Programme Evaluation and Research Techniques. B. Project Evaluation and Review Techniques. C. Programme Evaluation and Review Techniques. D. Project Evaluation and Research Techniques.

Last Answer : C. Programme Evaluation and Review Techniques.

If a is the optimistic time, b is the pessimistic time and m is most likely time of an activity, the expected time of the activity, is (A) (a + m + b)/6 (B) (a + 2m + b)/6 (C) (a + 4m + b)/6 (D) (a + 5m + b)/6

Description : If a is the optimistic time, b is the pessimistic time and m is most likely time of an activity, the expected time of the activity, is (A) (a + m + b)/6 (B) (a + 2m + b)/6 (C) (a + 4m + b)/6 (D) (a + 5m + b)/6

Last Answer : (C) (a + 4m + b)/6

The area under the Beta distribution curve is divided into two equal parts by (A) Most likely time (B) Optimistic time (C) Pessimistic time (D) Expected time

Description : The area under the Beta distribution curve is divided into two equal parts by (A) Most likely time (B) Optimistic time (C) Pessimistic time (D) Expected time

Last Answer : (D) Expected time

If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively (A) 3.5 and 5/6 (B) 5 and 25/36 (C) 3.5 and 25/36 (D) 4 and 5/6

Description : If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively (A) 3.5 and 5/6 (B) 5 and 25/36 (C) 3.5 and 25/36 (D) 4 and 5/6

Last Answer : (C) 3.5 and 25/36

Pick up the correct statement from the following: (A) Optimistic time estimate refers to activities (B) Pessimistic time estimate refers to activities (C) Most likely time estimate refers to activities (D) All the above

Description : Pick up the correct statement from the following: (A) Optimistic time estimate refers to activities (B) Pessimistic time estimate refers to activities (C) Most likely time estimate refers to activities (D) All the above

Last Answer : (D) All the above

A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.

Description : A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.

Last Answer : a. gate review.

A review undertaken to decide whether a project should proceed into its next phase is known as a: a. gate review. b. feasibility study. c. milestone review. d. evaluation review.

Description : A review undertaken to decide whether a project should proceed into its next phase is known  as a:  a. gate review.  b. feasibility study.  c. milestone review.  d. evaluation review.

Last Answer : a. gate review.

Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Description : Following are the phases of Project Management Life Cycle. Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Last Answer : (A) 3-2-1-4

Following are the phases of Project Management Life Cycle. Arrange (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery (A) 3-2-1-4

Description : Following are the phases of Project Management Life Cycle.  Arrange them in correct order 1. Design, 2. Marketing, 3. Analysis and evaluation, 4. Inspection, testing and delivery  (A) 3-2-1-4 (B) 1-2-3-4 (C) 2-3-1-4 (D) 4-3-2-1

Last Answer : (D) 4-3-2-1

Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Description : Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Last Answer : C. Project selection

Project crashing is the method for ------------- A. Shortening the project duration by reducing the time of one or more critical activities B.Adding resources at critical points C.Doing technical analysis of the finished work for review D.Adding duration to each activity

Description : Project crashing is the method for -------------  A. Shortening the project duration by reducing the time of one or more critical  activities  B.Adding resources at critical points  C.Doing technical analysis of the finished work for review  D.Adding duration to each activity

Last Answer : A. Shortening the project duration by reducing the time of one or more critical  activities

The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time D. between normal time and crash time

Description : The time corresponding to minimum total project cost is  A. crash time B. normal time C. optimistic time D. between normal time and crash time

Last Answer : D. between normal time and crash time

The time corresponding to minimum total project cost is A. crash time B. normal time C. optimistic time

Description : The time corresponding to minimum total project cost is  A. crash time B. normal time C. optimistic time

Last Answer : D. between normal time and crash time

A(n) _ is a review of the quality plan, procedures, data collection, and analysis by an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit

Description : A(n) _ is a review of the quality plan, procedures, data collection, and analysis by  an outside group. Select one: a. scope document b. project appraisal c. cost performance index d. analogous estimate e. quality audit

Last Answer : e. quality audit

When planning a systems project, overly optimistic timetables are the cause of project completion delays.

Description : When planning a systems project, overly optimistic timetables are the cause of project  completion delays.

Last Answer : Ans: True

Which of the following establishes key dates throughout thb. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedulee life of a project that must be met for the project to finish on time? Select one: a. Critical path

Description : Which of the following establishes key dates throughout the life of a project that  must be met for the project to finish on time? Select one: a. Critical path b. Ballpark estimate c. Pert diagram d. Slack chart e. Milestone schedule

Last Answer : e. Milestone schedule

PERT chart can be used to track the tasks of a project when task time estimates are fairly uncertain.

Description : PERT chart can be used to track the tasks of a project when task time estimates are  fairly uncertain.

Last Answer : Ans: True

For a given activity, the optimistic time, pessimistic time and the most probable estimates are 5, 17 and 8 days respectively, The expected time is (A) 8 days (B) 9 days (C) 10 days (D) 15 days

Description : For a given activity, the optimistic time, pessimistic time and the most probable estimates are 5, 17 and 8 days respectively, The expected time is (A) 8 days (B) 9 days (C) 10 days (D) 15 days

Last Answer : (B) 9 days

While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path

Description : While assessing your project processes, you have identified some  uncontrolled process variations. Which of the following would be the  appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path

Last Answer : c. Control chart

A horizontal bar chart that shows project tasks against a calendar is called (A) milestone (B) goal(C) Gantt chart (D) PERT chart

Description : A horizontal bar chart that shows project tasks against a calendar is called (A) milestone (B) goal (C) Gantt chart (D) PERT chart

Last Answer : (C) Gantt chart

Are you pessimistic or optimistic for the economic future of your country?

Description : Are you pessimistic or optimistic for the economic future of your country?

Last Answer : answer:I agree with David Suzuki that economics is a mental illness. From inside that illness, I think that things may go up or down but that it will eventually get worse and worse, unless/until many things change that are outside the mental box of that illness.

Are humans naturally optimistic or pessimistic?

Description : Are humans naturally optimistic or pessimistic?

Last Answer : neither, we are neutral at birth and the effects of life change us to think one way or the other.

Are you optimistic or pessimistic about our future? (Immediate and Long-term)

Description : Are you optimistic or pessimistic about our future? (Immediate and Long-term)

Last Answer : Well, lloydbird honey, I don't know how much of a future we have since I'm a happily married woman . . . Oh, wait, us? Humanity? I think the future looks bright. While I don't ... the importance of saving our planet and its resources. Fluther gives me hope, especially the posts of the young people.

What situation best describes a difference in interpretation A.One painter's life work shows an optimistic outlook while another painter's life work shows a deeply pessimistic outlook. B.One noveli?

Description : What situation best describes a difference in interpretation A.One painter's life work shows an optimistic outlook while another painter's life work shows a deeply pessimistic outlook. B.One noveli?

Last Answer : What is the answer ?

The maximise criteria is ........................... a. Optimistic b. Pessimistic c. Neutral d. None of these

Description : The maximise criteria is ........................... a. Optimistic b. Pessimistic c. Neutral d. None of these

Last Answer : b. Pessimistic

What is the most accurate method of obtaining project information that can reduce the amount of risk? 1. Observations on the current project 2. Determining the risk by using brainstorming techniques 3. The use of historical data from previous projects that were similar in nature 4. Sensitivity analysis 5. Delphi technique.

Description : What is the most accurate method of obtaining project information that can reduce the amount  of risk? 1. Observations on the current project  2. Determining the risk by using brainstorming ... from previous projects that were similar in nature  4. Sensitivity analysis  5. Delphi technique.

Last Answer : 3. The use of historical data from previous projects that were similar in nature

Why PERT is preferred over CPM for evaluation of project ?

Description : Why PERT is preferred over CPM for evaluation of project ?

Last Answer : PERT is based on the approach of multiple time estimates for each activity.

PERT technique of network analysis is mainly useful for (A) Small projects (B) Large and complex projects (C) Research and development projects (D) Deterministic activities

Description : PERT technique of network analysis is mainly useful for (A) Small projects (B) Large and complex projects (C) Research and development projects (D) Deterministic activities

Last Answer : (C) Research and development projects

The time with which direct cost does not reduce with the increase in time is known as A.crash time B.normal time C.optimistic time D.standard time

Description : The time with which direct cost does not reduce with the increase in time is known as  A.crash time B.normal time C.optimistic time D.standard time

Last Answer : B.normal time

Which of the following statements about risk is true? Select one: a. Project risk focuses on identifying, assessing, and eliminating the risks on the project. b. Risk management is all about eliminating risk. c. Project risk is an uncertain event that, even if it occurs, has no effect on project objectives. d. There are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk

Description : Which of the following statements about risk is true? Select one: a. Project risk focuses on identifying, assessing, and eliminating the risks on the project. b. Risk management is all ... are no risk-free projects. e. Risk management involves identification, evaluation, and elevation of risk

Last Answer : d. There are no risk-free projects.

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager focuses on  developing the project infrastructure needed to execute the project and developing  clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

Fill in the blank. During the _________ of a project, the project manager focuses on developing the project infrastructure needed to execute the project and developing clarity around the project charter and scope. Select one: a. completion b. start-up c. execution d. evaluation e. selection

Description : Fill in the blank. During the _________ of a project, the project manager  focuses on developing the project infrastructure needed to execute the  project and developing clarity around the project charter and scope. ... one: a. completion b. start-up c. execution d. evaluation e. selection

Last Answer : b. start-up

)The engineer of the project in the planning phase and makes a significant contribution to the technical scope. This is an example of what type of skill and knowledge? 1. Inherent 2. Stakeholder 3. Technical evaluation 4. Convergent thinking

Description : )The engineer of the project in the planning phase and makes a significant contribution to the  technical scope. This is an example of what type of skill and knowledge? 1. Inherent  2. Stakeholder  3. Technical evaluation  4. Convergent thinking

Last Answer : 2. Stakeholder

Which one of the following is the most appropriate management control technique for timely completion of a project ? (A) Organisation chart (B) Management by Objectives (C) PERT (D) Span of control

Description : Which one of the following is the most appropriate management control technique for timely completion of a project ? (A) Organisation chart (B) Management by Objectives (C) PERT (D) Span of control

Last Answer : Answer: PERT

The statistical tool that depicts a project’s tasks and the relationships between those tasks is known as (A) milestone (B) goal (C) Gantt chart (D) PERT chart

Description : The statistical tool that depicts a project’s tasks and the relationships between those tasks is  known as (A) milestone (B) goal (C) Gantt chart (D) PERT chart

Last Answer : (D) PERT chart

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

Description : 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 are both probabilistic techniques. D. PERT and CPM are both considered as deterministic approachs

Last Answer : B. PERT is considered as a probabilistic techniques and CPM is considered as a deterministic approach

All of the following are true regarding the Qualitative Risk Analysis process except which one? A. Probability and impact and expert interview are used to help correct biases that occC. Qualitative Risk Analysis is an easy method of determining risk probability and impact that usually takes a good deal of time to perform. D. Risk urgency assessment is a tool and technique of this process used to determine which risks need near-term response plans.ur in the data you’ve gathered during this process. B. The probability and impact matrix is used during this process to assign red, yellow, and green conditions to risks.

Description : All of the following are true regarding the Qualitative Risk Analysis process except  which one?  A. Probability and impact and expert interview are used to help correct biases that occur  in the data ... of this process used to determine  which risks need near-term response plans.

Last Answer : C. Qualitative Risk Analysis is an easy method of determining risk probability and  impact that usually takes a good deal of time to perform.

SWOT analysis is a strategic planning technique used to identify strengths, weaknesses, opportunities, and (A) timing (B) tenure (C) totality (D) threats

Description : SWOT analysis is a strategic planning technique used to identify strengths, weaknesses,  opportunities, and (A) timing (B) tenure (C) totality (D) threats

Last Answer : (D) threats

What network model enables engineer managers to schedule, monitor and control large and complex projects by employing three time estimates per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation

Description : What network model enables engineer managers to schedule, monitor and control large and complex projects by employing three time estimates per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation

Last Answer : b. Program evaluation review technique

What network model enables engineer managers to schedule, monitor and control large and complex projects by using only one time factor per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation

Description : What network model enables engineer managers to schedule, monitor and control large and complex projects by using only one time factor per activity a. Forecasting b. Program evaluation review technique c. Critical path method d. simulation

Last Answer : b. Program evaluation review technique

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Which one of the following statements about the project risk register is false? a. It facilitates the review and monitoring of risks. b. It facilitates the risk appetite. c. It facilitates the recording of risk responses. d. It facilitates the recording of risks.

Description : Which one of the following statements about the project risk register is false? a. It facilitates the review and monitoring of risks. b. It facilitates the risk appetite. c. It facilitates the recording of risk responses. d. It facilitates the recording of risks.

Last Answer : b. It facilitates the risk appetite.

. An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ensure acceptance of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Description : . An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ... of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Last Answer : b. capture learning and document it for future usage.

Project planning involves three processes:____ review, and __

Description : Project planning involves three processes:____ review, and __

Last Answer : Ans. Identification, analysis