While doing the project planning of a Construction project, using PERT, it is intended to identify the variance of the project. This can be done by:

1
Sum of variance of the activities along critical path of the project
2
Sum of squares of the total floats of all activities in the project
3
Sum of squares of free floats of all activities along the critical path of the in the project.
4
Sum of variance of all activities of the project 

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