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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