Match List I with List II. List I: A. PERT, B. Optimistic time, C. CPM, D. Pessimistic time. List II: I. Used for non-repetitive jobs, II. Used for repetitive jobs, III. The shortest possible time to complete the activity if all goes well, IV. The longest time that an activity takes.
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Correct answer: D. A-I B-III C-II D-IV
Explanation
PERT is used for non-repetitive (one-off, uncertain) projects; CPM for repetitive ones. Optimistic time is the shortest possible time, pessimistic time the longest.
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