QUESTION 1 OF 40You have three estimates for an activity in a project budget, as shown in the table below. Using the beta distributionmethod, what are the estimated hours?Number of HoursOptimistic estimateMost likely estimatePessimistic estimate60O 1008066.676080100 QUESTION 2 OF 40Some information can be communicated through charts. To share information about a project's timeline, which chartwould a project manager most likely use?a Gantt charta pie charta Pareto chartO a P31 chartPrevious Next

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Answered: QUESTION 1 OF 40 You have three…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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EXAMPLE 3: (H.W) Determine the critical path of the following Table using Gantt chart. Activity Preceded by Duration (days) A 20 ---- В A 18 A E C 20 F D, C 10 Е, F 13 H. 14 I H. 18
2
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QUESTION 1 OF 40 You have three estimates for an activity in a project budget, as shown in the table below. Using the beta distribution method, what are the estimated hours? Number of Hours Optimistic estimate Most likely estimate Pessimistic estimate 60 100 O 80 66.67 60 80 100