A Gantt Chart Differs from a PERT Chart in That

question 113

Multiple Choice

A Gantt chart differs from a PERT chart in that a Gantt chart:

• A) uses charts to break a project into a series of small sub-activities that each has clear beginning and end points.
• B) represents the quickest time in which the entire project can be finished.
• C) helps with event or activity sequencing to make sure that things get accomplished in time for later work to build upon them.
• D) shows all the interrelationships that must be coordinated for the entire project to be successfully completed.
• E) combines critical path method and the program evaluation and review technique.

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Definitions:

Rival in Consumption

Refers to a situation where the consumption of a good by one individual prevents or diminishes its consumption by another.

Club Goods

Goods that are excludable but non-rivalrous, meaning they can be accessed by members of a specific group but one person's use does not diminish availability for others.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability for others.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they are available to all members of society and one person's consumption does not reduce availability for others.