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Chapter 8

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    Week 2, Tuesday
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  • T/F. The PERT formula calculates the simple average of three estimates.
    False. PERT calculates the weighted average of three estimates.
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  • Both PERT and the Three-Point estimate technique use all of the following estimates in their calculations except for which one?
    Optimistic
    Pessimistic
    Most Likely
    Least Likely
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  • A critical path task is a task with which type of float?
    Summed float
    Total float
    Zero float
    Free float
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  • This is the longest full path on the project.
    Critical path
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  • Add this type of time to the project schedule to account for unforeseen circumstances.
    Contingency time.
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  • This technique attempts to smooth out the resource assignments.
    Resource leveling
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  • Which of the following are required in regards to quality processes on a project:
    Regulations
    Organizational quality policies
    Policies
    Standards
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  • What is total float?
    Total float is the amount of time that a task can be delayed without delaying the project's overall completion date.
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  • What is free float?
    Free float refers to the amount of time that a task can be delayed without delaying the start of the immediate successor task.
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