Which Statement Is True of Critical Path Method (CPM)

question 35

Multiple Choice

Which statement is true of Critical Path Method (CPM) ?

• A)Activities on the critical path take the shortest time to be completed.
• B)It determines the critical path for the completion of a series of interrelated activities.
• C)Activities that are on the critical path are flexible and can be delayed without delaying a project.
• D)A delay in the activities of a project does not affect the scheduled delivery of the project.

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Definitions:

Direct Materials

Raw materials that can be directly associated with the production of specific goods or services and are a major component of total manufacturing costs.

Direct Labor-Hours

A measure of the time workers spend directly manufacturing a product, used in calculating labor costs and efficiency.

Variable Overhead

Costs of indirect production activities that fluctuate with the level of production output, such as electricity for machinery or materials handling costs.

Direct Materials

Direct materials are raw materials that are directly used in the manufacturing process of a product and can be easily traced to the product itself.