The Beta distribution is used in project management to
A) determine which activity should be crashed.
B) calculate the probability that a project will be completed within its budget.
C) calculate expected activity times.
D) calculate slack for activities on the critical path.
E) calculate slack for activities on the shortest path.

Question

Quizplus · Accepted Answer

The Beta distribution is often used in project management to calculate expected activity times, especially in the context of PERT (Program Evaluation and Review Technique), which helps in estimating the time required to complete a task.

The Beta Distribution Is Used in Project Management to