Exam 16: Pert CPM models for project management

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Which of the following are ways of crashing an activity?

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The latest starting time for an activity is equal to the latest finish time minus the duration of the activity

(True/False)
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Activity C in a project network has an optimistic time estimate of five days,a most likely time estimate of seven days,and a pessimistic time estimate of nine days Its expected duration is approximately:

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The path with the greatest slack is:

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-What is the estimated mean time for activity Y?

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  -The expected duration of this project is: -The expected duration of this project is:

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The standard deviation of the critical path is equal to the sum of the standard deviations of all the activities on the critical path

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51 51

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Crashing an activity will always reduce the duration of a project

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Activities that are not on the critical path have a slack time equal to zero

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Concerning PERT and CPM:

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When using linear programming to make crashing decisions,the objective is to minimize:

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52 52

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Only activities on the critical path are initial candidates for crashing

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What is the probability that the critical path will be completed within 210 days?

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The values assigned to the nodes in a project network are there to identify the precedence relationships

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A project manager does not need to monitor each individual activity,just the overall project when looking at budget costs

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PERT/CPM can answer which of the following questions?

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Crashing cannot be accomplished by using different materials than originally planned

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The activities with the longest durations in a project network are called critical activities

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