If an activity duration cannot be estimated accurately, we should a. Use the average estimate in our

Fantastic news! We've Found the answer you've been seeking!

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 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.

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

See More Books

Posted Date: Dec 20, 2023 08:51 AM

See More Questions

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...
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...
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...
If f (x, y, z) = 2xyz - 1 + x2z3, find the following. (a) f/x (b) f/y (c) f/z
In the following symbolized arguments, derive the line needed to obtain the conclusion (last line), and supply the justification for both lines. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 1....
Describe how an ordered list implemented as a doubly linked list could be used to implement the map ADT.
Converting a business idea into a profitable company is challenging. Finding and using a mentor is one approach entrepreneurs can take to increase the probability of being able to convert an idea...
Wood Incorporated factored $150,000 of accounts receivable with Engram Factors Inc. on a without-recourse basis. Engram assesses a 2% finance charge of the amount of accounts receivable and retains...
1. Let p and q be two positive numbers such that p + q = 2 and p + q = 272. Then p and q are roots of the equation: (a) x-2x+8=0 2. lim x 0 (sint)dt (b) x-2x+136=0 (c) x-2x+16=0 (d) x-2x+2=0 0
Early in its fiscal year ending December 31, 2024, San Antonio Outfitters finalized plans to expand operations. The first stage was completed on March 28 with the purchase of a tract of land on the...
Sheng Siong is one of Singapore's largest retailers with 64 stores located all across the island. Sheng Siong's chain stores are designed to provide customers with both "wet and dry" shopping options...
Toffee Inc. could not pay its $2,000 account with Candy Supplies Ltd. when it was due on September 1, 2023. However, on that date Candy Supplies agreed to accept Toffee's six-month promissory note at...
Prove that Ax B and BA (for any two arbitrary nonempty sets A and B) are equinumerous.
Mayesha purchased a large screen TV for $4,000 and can pay it off in ten months with an add-on interest loan at an annual rate of 8%, or she can use her credit card that has an annual rate of 18%. If...
Below is the budget information for a boba tea shop: Cost of tea and ingredients per tea drink = $1.20 Sales price of each tea drink= $5 Utilities Total Cost = $.05 per tea drink + $500 monthly rate...
A 34% decrease resulted in 21 business in the downtown are. What was the number of businesses before the decrease?
1. Complete the performance evaluation report for this subunit (round to three decimal places). 2. Based on the data presented, what type of responsibility center is this subunit? 3. Which items...
The Pletcher Transportation Company uses a responsibility reporting system to measure the performance of its three investment centers: Planes, Taxis, and Limos. Segment performance is measured using...
The following information concerns seven US companies operating solely or mainly restaurants. McDonalds Corporation McDonalds Corporation franchises and operates McDonalds restaurants in the food...
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...
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)....
The emf of a copper-iron thermocouple caused by the Seebeck effect, with a cold junction at $0{ }^{\circ} \mathrm{C}$, is given by \[\varepsilon=\alpha_{1} t+\frac{\alpha_{2}}{2}...
The emf of a copper-iron thermocouple with its cold junction at $0{ }^{\circ} \mathrm{C}$ is given by \[\varepsilon=-13.403 t+0.0138 t^{2}+0.0001 t^{3} \quad \mu \mathrm{V}\] where $t=$...
A fluid consisting of a single component is contained in two containers at different temperatures. Show that the difference in pressure between the two containers is given by \[\frac{\mathrm{d}...

If an activity duration cannot be estimated accurately, we should a. Use the average estimate in our

Question:

Expert Answer:

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

Financial Accounting and Reporting a Global Perspective

Students also viewed these general management questions