Question: If an activity duration cannot be estimated accurately, we should a. Use the average estimate in our critical path method b. Use the worst case

If an activity duration cannot be estimated accurately, we should

a. Use the average estimate in our critical path method

b. Use the worst case estimate in our critical path method

c. Move away from single point estimates and rely on 2 point (best and worst case) estimates

d. Move away from single point estimates and rely on a 3 point (best, worst and most likely case) estimates.

Step by Step Solution

★★★★★

3.52 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The detailed answer for the above question is provided below The best answer is d Move away from sin... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Q:

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Q:

Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...

Q:

If an activity duration cannot be estimated accurately, we should a. Use the average estimate in our critical path method b. Use the worst case estimate in our critical path method c. Move away from...

Q:

If an activity duration cannot be estimated accurately, we should Use the average estimate in our critical path method Use the worst case estimate in our critical path method Move away from single...

Q:

Question 1 0.1 pts If an activity duration cannot be estimated accurately, we should Use the average estimate in our critical path method 0 Use the worst case estimate in our critical path method...

Q:

If an activity duration cannot be estimated accurately, we should Use the average estimate in our critical path method Use the worst case estimate in our critical path method Move away from single...

Q:

Itmdanaaamm The time management knowledge area is one of the most important chapters in the PMBOK Guide from a PMP exam point of view. You are going to see a lot of questions from this chapter in the...

Q:

Lab Project # 3 ( 1 5 pts . ) IS 1 8 7 / MGMT 1 5 8 S 2 0 2 0 Time Management The time management knowledge area is one of the most important chapters in the PMBOK Guide from a PMP exam point of...

Q:

Page: 130,131,144 Learning Activity #4 Choose an organization to which you presently or have previously belonged (employer, volunteer group, etc.) ( If you don't have one, select a company of your...

Q:

A screener is assigned to assess whether a tax filing is legal or not. If they decide a filing is not legal, they pass it to an auditor who investigates the case in detail. Suppose a detailed...

Q:

1. What is discourse? What is discourse analysis? What role do discourse and context play in communication? (Consider Grices theory of conversational implicature.). How is this...

Q:

A collar strategy using two options for an airline would typically consist of _ _ _ _ _ _ _ _ _ _ _ _ and _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . Option A buying a call; selling a put Option B selling a...

Q:

If you want to be 95% confident of estimating the population mean to within a sampling error of 5 and the standard deviation is assumed to be 15, what sample size is required?

Q:

Calculate all of the ratios discussed in the chapter for the Axtel Company of problem 5. Assume Axtel had leasing costs of $7,267,000 and amortization of $1,416,000 in 20X1, and had 1,268,000 shares...

Q:

Blackfeather Tours sells scuba diving and kayaking excursions, along with a number of unique sightseeing packages. The company requires a 50% payment from the customer at the time of booking. The...

Q:

Omni Technology Holding Company has the following three affiliates: a. Which affiliate has the highest return on sales? b. Which affiliate has the lowest return on assets? c. Which affiliate has the...

Q:

A cellphone provider has the business objective of wanting to estimate the proportion of subscribers who would upgrade to a new cellphone with improved features if it were made available at a...

Q:

How would a marketer targeting the government market best reach prospective customers?Contact buyers in local government agencies via phone. Advertise in a publicatio Industry.Send a dired mater to...

Q:

The following information concerns seven US companies operating solely or mainly restaurants. McDonalds Corporation McDonalds Corporation franchises and operates McDonalds restaurants in the food...

Q:

Multiple Choice Questions Raw materials and merchandise purchased can be included in (two possible alternative answers) (a) Cash (b) Expenses (c) Fixed assets (d) Current assets (e) None of these 2...

Q:

Multiple Choice Questions 1. Common-size analysis is based on the preparation of common-size financial statements, i.e., a balance sheet presented in percentage of a base figure (indexed as 100)....

Q:

2. Examine the effects of stimulating a brain area. Ideally, if damaging some area impairs a behavior, stimulating that area should enhance the behavior.

Q:

10. Which lobe of the cerebral cortex includes the primary auditory cortex?

Q:

1. Examine the effects of brain damage. After damage or temporary inactivation, what aspects of behavior are impaired?