The Sum of Activity Durations of the Longest Path in a Network

question 29

True/False

The sum of activity durations of the longest path in a network indicates expected project completion time,and the activities on it are called the critical activities.

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Definitions:

Probability

A quantitative measure that indicates the likelihood of a particular event occurring.

Event

In probability and statistics, an occurrence or a set of outcomes of a particular experiment or situation.

Chance

The occurrence of events in the absence of any cause or pattern, often described in terms of probability.

Likelihood

In statistics, the probability of a set of parameters given a specific outcome; used in maximum likelihood estimation.