Below is a table of activities required to finish a project:
|
|
Activity
|
Optimistic
|
Most Likely
|
Pessimistic
|
|
1
|
19
|
20
|
26
|
|
2
|
4
|
5
|
6
|
|
3
|
6
|
6
|
6
|
|
4
|
3
|
9
|
10
|
In calculating activity times for the project, which one of the following statements is correct?
A. Activity 1 will have the lowest variance
B. Activity 2 will have a variance of 0.11
C. Activity 3 will have the highest variance
D. Activity 4 will have a variance of 0.361
Additional Requirement
In here this question belongs to the operations management and it defines about the activities and their variance in time estimate.