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NEW QUESTION: 1
You work as a project manager for HRM Inc. You are using the three point estimate to calculate the estimated activity durations for your project. If you have an optimistic estimate of 10 days, a pessimistic estimate of 19 days, and a most likely estimate of 13, which of the following is the expected activity duration for your project?
A. 16.5
B. 17.5
C. 0
D. 1
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Answer option A is correct.
A three-point estimate is a way to enhance the accuracy of activity duration estimates. This concept is originated with the Program Evaluation and Review Technique (PERT). PERT charts the following three estimates:
Most likely (TM): The duration of activity based on realistic factors, such as resources assigned,
interruptions, etc.
Optimistic (TO): The activity duration based on the best-case scenario
Pessimistic (TP): The activity duration based on the worst-case scenario
The expected (TE) activity duration is a weighted average of these three estimates:
TE = (TO + 4TM + TP) / 6
Duration estimates based on the above equations (sometimes simple average of the three estimates is also used) provide more accuracy.
Here, the expected activity duration will be:
TE = (TO + 4TM + TP) / 6
TE = [10+ (4*19) +13]/6
= [10+76+13]/6
=16.5
Reference: "Project Management Body of Knowledge (PMBOK Guide), Fourth edition" Chapter: Time and Cost Management Objective: Task Duration Estimating
NEW QUESTION: 2
In FlexCast Management Architecture (FMA), all services register with __________. (Choose the correct option to complete the sentence.)
A. Central Configuration Service (CCS)
B. Citrix Trust Service (CTS)
C. Delegated Administration Service (DAS)
D. Configuration Logging Service (CLS)
Answer: A
NEW QUESTION: 3
You would like to create purchasing info records for consumable materials without material master records.
How must you proceed?
Please choose the correct answer.
A. You must first create material master records.
B. You specify the relationship between a material type and a supplier.
C. You specify the relationship between a material group and a supplier.
D. You specify a special info category.
Answer: C
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