Role and Scope of PM
Quick practice
Question 1 of 5
Which of the following statements regarding PERT and CPM are correct?
I. PERT origin is military and CPM origin is an industry.
II. PERT is suitable when high precision is required in time estimates and CPM is suitable when reasonable precision is required.
III. PERT is an activity-oriented approach and CPM is an event-oriented approach.
IV. PERT is time-based and CPM is cost-based.
V. PERT does not allow uncertainty and CPM to allow uncertainty.
A
(i), (iii), (iv) and (v)
B
(i), (iii) and (iv)
C
(i), (ii) and (iv)
D
(iii) and (iv)
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