A PERT Diagram Is Useful When

question 43

Multiple Choice

A PERT diagram is useful when:

• A) activities can be done in parallel rather than sequence.
• B) there is no slack time available.
• C) the project team needs to know which activities should be done at which point in time.
• D) activities do not have any precedent activities.

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Definitions:

Cash Outflows

Payments or expenditures made by a business or individual, resulting in a decrease in cash balance.

Useful Life

The estimated duration of time that an asset is expected to be useful in operations, contributing to the company's income generation.

Required Rate of Return

The minimum rate of return on an investment that is acceptable to an investor or required to cover costs.

Cash Flow

The total amount of money being transferred in and out of a business, particularly affecting liquidity and overall financial health.