You are planning the schedule and come to an activity you are unfamiliar with. Your SMEs give you the following time estimates: most likely = 5 hours; optimistic = 2 hours; pessimistic = 14 hours. Using PERT, which activity duration do determined that the client's marketing plan must be completed before the graphic design can begin. This situation describes what type of dependency?

a. start-to-start (SS)

b. start-to-finish (SF)

c. finish-to-start (FS)

d. finish-to-finish (FF)

7. What is an advantage of using Monte Carlo anal- ysis when estimating the duration for an activity?

a. It uses historical data from a similar activity or project to calculate the duration.

b. It uses brainstorming techniques to reach a team consensus for the duration.

c. It can provide a great deal of information about how activity times may vary.

d. It is less costly and time consuming than other estimating techniques.

8. A Gantt chart represents project schedule infor- mation in an easy-to-read, graphical format. Which of these is not a component of this type of Gantt chart?

a. activities

b. budget data

c. start and end dates

d. durations