Project Management

Question 1

It is developed by U.S. Navy to handle uncertain activity times, initially for the Polaris missile nuclear submarine project.

Answer 1

PERT/Program Evaluation and Review Technique

Question 2

It is developed by DuPont & Remington Rand in 1957 for industrial projects for which activity times generally were known.

Answer 2

CPM/Critical Path Method

Question 3

Have been used to plan, schedule, and control a wide variety of projects.

Answer 3

PERT & CPM

Question 4

the maximum of the earliest finish times of all activities immediately preceding activity. (O for those with no predecessors)

Answer 4

ES/Earliest Start Time

Question 5

(Earliest Start Time) + (Time to complete activity)

Answer 5

EF/Earliest Finish Time

Question 6

the minimum ot the latest start times

Answer 6

LS/Latest Finish Time

Question 7

(Latest Finish Time - (Time to complete activity)

Answer 7

LS/Latest Start Time

Question 8

How to calculate slack time?

Answer 8

Slack=(LS)-(ES), or =(LF)-(EF)