IASSC Certified Lean Six Sigma Black Belt (ICBB) — Question 85

Which of the following tools incorporates statistical analysis in determining time estimates?

Answer options

Correct answer: C

Explanation

The correct answer is C, PERT, as it utilizes statistical analysis to estimate project completion times based on variability and uncertainty. In contrast, CPM focuses on the longest path in project scheduling without incorporating statistical methods, QFD is a design methodology, and Gantt charts are visual tools for scheduling but do not involve statistical analysis.