Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

0 Views

CPM and PERT in Project Management

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the formula to calculate the expected time to completion in PERT?

o+2m+p/3

o+4m+p/6 (correct)

o+3m+p/4

o+m+p/3

What is the main reason for the variance in the estimates provided by experts in PERT?

Lack of good evidence

Contrary evidence

Many parameters to consider

All of the above (correct)

What is the purpose of computing the probability factor, Z, in PERT?

To extract the probability from standard normal tables (correct)

To calculate the expected time to completion

To determine the variance of each activity

To determine the critical path

What is the formula to calculate the variance of each activity in PERT?

(p-o)^2/6 Signup and view all the answers

What is the purpose of identifying the critical path in PERT?

To determine the expected time to completion Signup and view all the answers

What is the primary characteristic of liabilities?

They are amounts owed consequent to completed transactions Signup and view all the answers

What is the main purpose of shareholder's funds?

To provide a source of funding for the business Signup and view all the answers

What is the relationship between short-term and long-term liabilities?

Long-term liabilities eventually become short-term liabilities Signup and view all the answers

What is the purpose of technical reserves?

To revalue assets to their market value Signup and view all the answers

What is the correct formula for calculating shareholder's funds?

Assets - Liabilities Signup and view all the answers