You are planning the schedule and come to an activity you are…
Question Answered step-by-step You are planning the schedule and come to an activity you are… You are planning the schedule and come to an activity you are unfamiliar with. Your SMEs give you the following time estimates: most likely = 5 hours; optimistic = 2 hours; pessimistic = 14 hours. Using PERT, which activity duration do determined that the client’s marketing plan must be completed before the graphic design can begin. This situation describes what type of dependency? a. start-to-start (SS) b. start-to-finish (SF) c. finish-to-start (FS) d. finish-to-finish (FF) 7. What is an advantage of using Monte Carlo anal- ysis when estimating the duration for an activity? a. It uses historical data from a similar activity or project to calculate the duration. b. It uses brainstorming techniques to reach a team consensus for the duration. c. It can provide a great deal of information about how activity times may vary. d. It is less costly and time consuming than other estimating techniques. 8. A Gantt chart represents project schedule infor- mation in an easy-to-read, graphical format. Which of these is not a component of this type of Gantt chart? a. activities b. budget data c. start and end dates d. durations Business Management Project Management MGT 450 Share QuestionEmailCopy link Comments (0)


