A. 50%
B. less than 50%
C. more than 50%
D. 100%
Related Mcqs:
- If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is________________?
A. 4 days
B. 6 days
C. 10 days
D. 16 days - If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be__________________?
A. 2.3% and 84.1%
B. 97.7% and 84.1%
C. 97.7 % and 15.9%
D. 15.9% and 97.7% - The probability of completion of any activity within its expected time is_________________?
A. 50%
B. 84.1%
C. 99.9%
D. 100% - The normal time required for the completion of project in the above problem is_______________?
A. 9 days
B. 13 days
C. 14 days
D. 19 days - A father notes that when his teenage daughter uses the telephone, she takes not less than 6 minutes for a call and som? times as much as an hour. Fifteen minutes call are more frequent than calls of any other duration. If these phone calls were an activity in PERT project, then phone calls expected duration will be_______________?
A. 15 minutes
B. 20.143 minutes
C. 21 minutes
D. 27 minutes - Preliminary project report for a road project must contain___________________?
A. the detailed estimated cost based on detailed design
B. the several alternatives of the project that have been considered
C. the soil survey, traffic survey, concept design and approximate cost
D. the contract documents for inviting tenders - A contractor has two options : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he______________?
A. should invest in neither of the two projects
B. could invest in either of the two projects
C. should invest in project A
D. should invest in project B - Earliest finish of an activity is always_______________?
A. greater than earliest event time of the following node
B. less than earliest event time of the following node
C. less than or equal to earliest event time of the following node
D. greater than or equal to earliest event time of the following node - In PERT analysis, the time estimates of activities and probability of their occurrence follow_______________?
A. normal distribution curve
B. Poisson’s distribution curve
C. Beta – distribution curve
D. none of the above - For a given activity, the optimistic time, pessimistic time and the most probable estimates are 5, 17 and 8 days respectively, The expected time is__________________?
A. 8 days
B. 9 days
C. 10 days
D. 15 days