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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.
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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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