A project's variance is ______.
A)the sum of the variances of all of its critical activities
B)the average of the variances of all of its critical activities
C)the maximum of the variances of all of its critical activities
D)the minimum of the variances of all of its critical activities

Question

Quizplus · Accepted Answer

A project's variance is the sum of the variances of all of its critical activities. This gives a measure of the overall uncertainty or risk associated with the project. By adding up the variances of critical activities, we can get a sense of how much the project's completion time might vary from what was initially planned. The other options (B, C, D) do not accurately represent the concept of project variance.

A Project's Variance Is ______