1. The constraints in case of resource smoothening operation would be 2. The time which results in the least possible construction cost of an activity, is known as 3. The direct cost of a project with respect to normal time is 4. The object of technical planning, is 5. If an activity has its optimistic, most likely and pessimistic times
as 2, 3 and 7 respectively, then its expected time and variance are respectively
6. Various activities of a project, are shown on bar charts by
7. Select the correct statement.
8. If D is the duration, ES and EF are the earliest start and finish, LS and LF are latest start and latest finish time, then the following relation holds good
9. Total float for any activity is defined as the difference between
10. Pick up the incorrect statement from the following:
11. Assertion (A): Activity 57 is critical. Reason (R): Earliest finish time and latest finish time for events 57 are same Select the correct answer.
12. The main principle of an organization, is
13. If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is
14. Pick up the correct statement from the following:
15. Consider the following operations: 1. Drilling 2. Blasting 3. Mucking 4. Placing steel 5. Placing concrete The correct sequence of these operations in tunnel construction is
Show and hide multiple DIV using JavaScript View All Answers Which method is known as minimum cost or maximum time schedule method?Correct answer is maximum time. The critical path is the longest duration path through a network diagram and determines the shortest time to complete the project.
What is cost slope in project management?Cost Slope: The direct cost curve is a curve that can be approximated by a straight line, depending upon the flatness of the curve. The slope of this straight is the cost slope. It is very helpful in the project cost analysis.
What is the normal direct cost of a project?Direct costs: Examples of direct costs include fixed labor, materials, and equipment. They are typically one-off costs that come from a single department or the project itself. Indirect costs: Examples of indirect costs include utilities and quality control.
Is that time beyond which the activity Cannot be shortened by any amount of increase in resource?Crash time is that time, beyond which the activity cannot be shortened by any amount of increase in resources.
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The time which results in the minimum cost for construction an activity is known as
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