________ is an analytical method that determines the probabilities of the project completion times in project management models by assuming that the expected activity times define the critical path and that the distribution of project completion time is normal using the central limit theorem.

A) Program Estimation and Research Technique
B) Project Evaluation and Revise Technique
C) Program Evaluation and Review Technique
D) Project Estimation and Risk Technique

Program Evaluation and Review Technique

The Program Evaluation and Review Technique (PERT) is a project management tool used to estimate the duration of a project by analyzing the time required for various tasks.

Project Management

The practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at a specified time.

Central Limit Theorem

A statistical theory that states that, given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples will be approximately equal to the mean of the population.