A Project Has the Precedence Requirements and Activity Durations Shown

question 97

Multiple Choice

A project has the precedence requirements and activity durations shown in the table. After he draws the network, the project manager decides to represent a few activities by as hammock activity. Which is a legitimate hammock activity for this project?

• A) combine activities A, B, C
• B) combine activities B, E, H
• C) combine activities E, F
• D) combine activities G, H, I

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Definitions:

Planning Budget

A comprehensive financial plan formulated for a set period, outlining projected revenues, expenses, and resource allocations.

Occupancy Expenses

Costs associated with occupying a physical space, such as rent, utilities, and property taxes.

Direct Materials

Raw materials that can be directly attributed to the production of finished goods, considered a variable cost.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing companies to better forecast costs and revenues.