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

question 58

Multiple Choice

A simple project listing of five activities, their predecessors, and their respective time estimates are presented here: 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:

Cash Expenses

Outlays of cash during a given period for direct charges such as wages, rent, and utilities.

Net Present Value (NPV)

The gap between the current value of cash entering and the current value of cash exiting over a timeframe, employed in investment planning to evaluate the profitability of projects.

Capital Cost Allowance (CCA)

Depreciation for tax purposes, not necessarily the same as depreciation under International Financial Reporting Standards; depreciation method under Canadian tax law allowing for the accelerated write-off of property under various classifications.