Critical Path Method

Question 1

The _____________ is the longest path to complete the project.

Answer 1

The <u>Critical Path</u> is the longest path to complete the project.

Question 2

Give three examples of techniques to crash a schedule.

Answer 2

• Applying additional man-power to a critical path activity.
• Hiring new machinery to expedite a critical path activity.
• Devising a more efficient way to perform a critical path activity.

Question 3

Name a common scheduling methodology used in project management?

Answer 3

Critical Path Method

Question 4

Is float a resource or a constraint for a project?

Answer 4

Float is a resource. It should be managed judiciously to cover for risks or other unforeseen events.

Question 5

Total Float belongs to the ____________, whereas Free Float belongs to the ____________.

Answer 5

Total Float belongs to the <u>project</u>, whereas Free Float belongs to the <u>individual activities</u>.

Question 6

________ is a probabilistic method, whereas ________ is deterministic. (Options: PERT / CPM)

Answer 6

<u>PERT</u> is a probabilistic method, whereas <u>CPM</u> is deterministic.

Question 7

How do you calculate the float of a network path in Critical Path Method?

Answer 7

The float of a path is the difference between the duration of the Critical Path and the duration of the (given) path.

Question 8

Can a schedule network have more than one Near-Critical Path?

Answer 8

Yes. Any path with low total float is a near critical path. A schedule network may have more than one path with low total float.

Question 9

Resource leveling usually causes a(n) ___________ (increase or decrease) in the original critical path.

Answer 9

Resource leveling usually causes an <u>increase</u> in the original critical path.

Question 10

If a project is being done under a contract, who owns the “float”?

Answer 10

50% is owned by the buyer, and 50% by the seller