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Question: PERT analysis is based upon
[A].

optimistic time

[B].

pessimistic time

[C].

most likely time

[D].

all of these

Answer: Option D

Explanation:

No answer description available for this question.

Question: CPM requires
[A].

single time estimate

[B].

double time estimate

[C].

triple time estimate

[D].

none of these

Answer: Option A

Explanation:

No answer description available for this question.

Question: CPM stands for
[A].

Combined Process Method

[B].

Critical Path Method

[C].

Common Planning Method

[D].

Critical Process Method

Answer: Option B

Explanation:

No answer description available for this question.

Question: PERT is an event oriented technique.
[A].

Correct

[B].

Incorrect

Answer: Option A

Explanation:

No answer description available for this question.

Question: PERT is a project planning and control technique.
[A].

Yes

[B].

No

Answer: Option A

Explanation:

No answer description available for this question.

Question: PERT
[A].

provides an approach for keeping planning up-to-date

[B].

provides a way for management to require that planning be done on a uniform and logical basis

[C].

permits management to foresee quickly the impact of variations from the plan

[D].

all of the above

Answer: Option D

Explanation:

No answer description available for this question.

Question: Actual performance of a task is called
[A].

an event

[B].

an activity

[C].

a duration

[D].

none of these

Answer: Option B

Explanation:

No answer description available for this question.

Question: Monte Carlo solution in queuing theory is extremely useful in queuing problems that can not be analysed mathematically.
[A].

Agree

[B].

Disagree

Answer: Option A

Explanation:

No answer description available for this question.

Question: Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is __________ the standard time.
[A].

one-fourth

[B].

one-half

[C].

equal to

[D].

twice

Answer: Option B

Explanation:

No answer description available for this question.

Question: The bonus increases in proportion to the increase in efficiency. This statement applies to
[A].

Halsey plan

[B].

Ganttplan

[C].

Emerson’s efficiency plan

[D].

Rowan plan

Answer: Option C

Explanation:

No answer description available for this question.