Business Studies · Operations Management
Which of the following statements regarding Program Evaluation and Review Technique (PERT) is TRUE?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It ignores activity duration variations and averages
- 2It is a probabilistic model incorporating activity time uncertainties✓
- 3It is suitable only for non-repetitive projects with exact known activity times
- 4It is primarily a cost-based deterministic model
Correct answer
It is a probabilistic model incorporating activity time uncertainties
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