Due to some uncertainty in your project schedule, you have decided to use weighted time estimates for the major deliverables. This type of estimate is also known as?

Question

This type of estimate is also known as?

a. Monte Carlo analysis

b. Beta distribution

c. Parametric estimate

d. Autoregressive moving average

Ghada Eweda · Answer

The answer is already given by experts. Thanks

Muhammad Farooq · Answer

B – The weighted average uses the beta distribution or PERT technique. Refer to

PMBOK® Guide, 5th edition, p.171.

Deleted user · Answer

Correct Answers is

b. Beta distribution

PERT OR beta distribution technique is used for weighted average.

Mohamed Helal · Answer

.................. c. Parametric estimate

Sajjad Ali · Answer

This is also called Standard Errors...