Application of PERT Network Analysis

question 81

Multiple Choice

Application of PERT Network Analysis
Grace has just graduated from college with a degree in business administration and is totally overwhelmed by her first job. When she was in school, she could work on projects one at a time, and now she finds that she must juggle several projects with multiple activities. Grace is amazed that her supervisor, Linda, seems to have everything planned in a neat flowchart. Linda's current project is to oversee the construction of an office building, and Grace is determined to understand all of the actions that must take place, the major activities, and potential problems so she can be proactive.
-The program evaluation and review technique were originally developed in the late 1950s for the purpose of

• A)building the Paris Metro.
• B)working on the weapons system for the Polaris submarine.
• C)minimizing time from grower to consumer for hog farmers.
• D)coordinating the work on building the Vietnam Memorial.

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Definitions:

Collection Agency

is an organization that pursues the collection of debts owed by individuals or businesses on behalf of creditors.

Threatening to Sue

Expressing an intention to initiate legal action against someone.

Dodd-Frank Act

A United States federal law that places regulation of the financial industry in the hands of the government, aimed at reducing risks in the financial system.

Consumer Financial Protection Bureau

A U.S. government agency aimed at ensuring consumer protection in the financial sector and enforcing laws related to financial products and services.