A Simple Project Listing of Five Activities, Their Predecessors and Their

question 32

Multiple Choice

A simple project listing of five activities, their predecessors and their respective time estimates are presented below: Using CPM, what is the Latest Finish Time for the last activity in this project (i.e., the total time to complete the project) ?

• A)10 days
• B)7 days
• C)8 days
• D)12 days
• E)9 days

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Definitions:

Information Transfer

The process of conveying data from one place, person, or entity to another.

Incentive Compensation

A form of payment designed to motivate and reward employees for exceeding their performance targets or objectives.

Agency Costs

Costs incurred from conflicts of interest among stakeholders, particularly between management (agents) and shareholders (principals).

Advertising

The process or career involved in creating promotional material for goods or services.