Lesson 10: Project Management PERT/CPM

If you do a network analysis, why would you be interested in the latest start time of any activity? In order to save costs. To maximize resources. Because we want to know how long the activity can be delayed without affecting the project completion time. To determine required resources to do the activity.

Because we want to know how long the activity can be delayed without affecting the project completion time.

How do you know if an activity is on the critical path? If the slack of that activity is zero. If the activity is crucial to the completion of the project. The activity has the highest cost. The activity has the lowest cost.

If the slack of that activity is zero.

Why is determination of the critical path important? To identify the most important activities in a project. To determine those activities that will add the most cost to the project. To determine those tasks, which if delayed, will delay the project to the same degree. Because if an activity is not on the critical path, it can be ignored, and therefore save time and money.

To determine those tasks, which if delayed, will delay the project to the same degree.

What is the best method of planning a project? Make a list of tasks to be accomplished, put them in priority order and do them starting with the first task. Use a Gantt chart Use the PERT/CPM techniques List the required tasks in order of difficulty. Then do the most difficult tasks first.

Use the PERT/CPM techniques

Which of the following is NOT a question to be answered by network analysis? What is the total time to complete the project? What are the scheduled start and finish dates for each specific activity? What is the total cost of an activity? How long can 'noncritical' activities be delayed before they cause a delay in the total project?

What is the total cost of an activity?