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State whether the following statements are True or False. 1- PERT is a probabili

ID: 3158647 • Letter: S

Question

State whether the following statements are True or False.  

1- PERT is a probabilistic technique in quantitative analysis.

2- Resource leveling is the process of smoothing out the utilization of resources in a project.

3- Gantt chart and PERT diagram provide the same information just in different formats.

4- The solution and inference of the simulation are usually transferable to other problems.

5- Monte Carlo method is applied when a system contains elements that exhibit chance in their behavior.

Explanation / Answer

1- PERT is a probabilistic technique in quantitative analysis. TRUE

2- Resource leveling is the process of smoothing out the utilization of resources in a project. FALSE

3- Gantt chart and PERT diagram provide the same information just in different formats. FALSE

4- The solution and inference of the simulation are usually transferable to other problems. FALSE

5- Monte Carlo method is applied when a system contains elements that exhibit chance in their behavior. TRUE

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