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1.Suppose you calculated the mean and the standard deviation of the critical pat

ID: 465253 • Letter: 1

Question

1.Suppose you calculated the mean and the standard deviation of the critical path (longest path) as mean = 100 days, standard deviation as 10 days. The mean and the standard deviation of the second longest path are 95 and 12 days, respectively. Which of the following statements is true?

I.The second longest path can be longer than the critical path

II.Simulation and PERT would give very similar answers for the 90th percentile of the project duration

III.PERT bias would be insignificant (negligible) for this problem

a)I

b)II

c)III

d)II & III

e)None of them is correct

Explanation / Answer

II.Simulation and PERT would give very similar answers for the 90th percentile of the project duration

III.PERT bias would be insignificant (negligible) for this problem

The answer is D.