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Construction Planning and Management

Construction Planning and Management
What estimate would you give for the variance in above problem ?

54
36
9
81

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Construction Planning and Management
If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is

6 days
4 days
10 days
16 days

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Construction Planning and Management
The time with which direct cost does not reduce with the increase in time is known as

Standard time
Crash time
Normal time
Optimistic time

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Construction Planning and Management
The area under the Beta distribution curve is divided into two equal parts by

Pessimistic time
Optimistic time
Most likely time
Expected time

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Construction Planning and Management
Power stations are generally treated as

Light construction
Electrical construction
Heavy construction
Industrial construction

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Construction Planning and Management
If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively

4 and 5/6
5 and 25/36
3.5 and 5/6
3.5 and 25/36

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