The Sum of Activity Durations of the Longest Path in a Network

question 29

True/False

The sum of activity durations of the longest path in a network indicates expected project completion time,and the activities on it are called the critical activities.

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Definitions:

Year 0 Value

The initial value of an asset or investment at the starting point or inception.

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving more weight to certain values.

Free Cash Flows

Funds generated by a corporation after subtracting cash spent on operational maintenance and preservation of capital assets.

Agency Relationship

A contractual relationship where one party (the principal) grants authority to another party (the agent) to act on its behalf.