A Project Is Represented by the Activity Durations (Estimated at 90

question 73

Multiple Choice

A project is represented by the activity durations (estimated at 90% likelihood of completion) and precedence requirements shown in the table.What is the length of the project buffer if this project is managed using critical chain methodology?

• A)4.5
• B)11.5
• C)20.5
• D)16

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Definitions:

Salvage Value

The calculated final value of an asset at the conclusion of its operational period.

Simple Rate of Return

A metric that calculates the percentage of profit or loss on an investment relative to its initial cost.

Operating Expenses

Regular expenses incurred in the day-to-day functioning of a business, excluding the cost of goods sold.

Sales Revenues

The income earned from selling goods or services before any costs or expenses are deducted.