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.
all of these
P.E.R.T is applied for
* marketing programmes and advertising programmes
* installation of machinery
* research and development of products
It represents that a programme falls behind schedule and additional resources are required to complete the project in time
When slack of an activity is negative It represents that a programme falls behind schedule and additional resources are required to complete the project in time.