QUESTION 14

1. When there is variability in activity times, a more accurate estimate of the time required to complete a task can be calculated using the most optimistic, most likely, and most pessimistic times.

   		True
   		False

2 points

QUESTION 15

1. A Gantt chart is a diagram that clarifies the interdependency of activities (which tasks must be completed before other tasks may begin) and shows where the critical path lies.

   		True
   		False

2 points

QUESTION 16

1. According to Goldratt, three phenomena tend to bias the expected completion time of projects: inflated time estimates, activity time variability with path interdependencies, and resource constraints.

   		True
   		False

2 points

QUESTION 17

1. Projects are different from other types of operations because each project has a clear beginning and end.

   		True
   		False

2 points

QUESTION 18

1. Control limits on a statistical process control chart are the upper and lower boundaries of a product's acceptability to the customer.

   		True
   		False