Probabilistic time for completion of any activity can be found out from
* optimistic time
* pessimistic time
* most likely time
49) Probabilistic time for completion of any activity can be found out from
all of these
Related Industrial Engineering MCQ with Answers
earliest completion time and latest allowable time
earliest start time + duration of activity
Earliest finish time can be regarded as Earliest start time + duration of activity.
It represents a situation where extra resources are available and the completion of project is not delayed
When slack of an activity is positive - it represents a situation where extra resources are available and the completion of the project is not delayed.
When slack of an activity is negative- it represents that a program falls behind schedule and additional resources are required to complete the project in time.
When slack of an activity is zero - the activity is critical and any delay in its performance will delay the completion of the whole project.
all of the above
-When slack of an activity is zero, it falls only on critical path.
- CPM technique is useful to minimize the direct and indirect expenses.
- Critical path of a net work represents the minimum time required for completion of project.