Business Studies · Project Management
Which of the following best distinguishes PERT from CPM?
- 1PERT uses deterministic time estimates, while CPM uses probabilistic estimates
- 2PERT focuses exclusively on cost optimization
- 3CPM is used only for academic research projects
- 4PERT uses probabilistic time estimates, while CPM assumes deterministic activity times✓
Correct answer
PERT uses probabilistic time estimates, while CPM assumes deterministic activity times
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