A Company is undertaking a project for the first time and has given the Finance Manager the task of managing the project. He has been advised to use PERT, as it will help him with his Critical Path Analysis (CPA).
What informationwill thecalculation usingPERT provide the Finance Manager with to use in his CPA?
Suggested Answer: C
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12 comments · newest first
KE
Kenia
2 months ago
A is also important. Knowing the most optimistic time can help set realistic goals.
ET
Ettie
2 months ago
I agree with C. It helps in planning and resource allocation.
LI
Linette
2 months ago
I think C is the best choice. It gives the expected time to complete an activity.
DE
Denae
3 months ago
I think B is the most important for realistic planning.
MA
Marshall
3 months ago
Don’t forget about the most optimistic and pessimistic times too!
ZA
Zachary
3 months ago
Wait, how accurate is that expected time really?
ME
Melvin
3 months ago
Totally agree, it’s super useful for CPA!
PO
Polly
3 months ago
PERT gives the expected time to complete an activity.
DE
Della
3 months ago
I feel like PERT is mainly about estimating the expected time, so I would lean towards option C, but I could be mixing it up with something else.
KE
Kelvin
4 months ago
I practiced a similar question, and I believe the most realistic time is also considered, but I can't recall if that's what PERT focuses on.
AM
Amos
4 months ago
I'm not entirely sure, but I remember something about optimistic and pessimistic times being part of PERT calculations.
ZI
Zita
4 months ago
I think PERT gives us the expected time to complete an activity, which is option C, right?