Here Are the Data for a Time-Cost CPM Scheduling Model

question 19

Multiple Choice

Here are the data for a time-cost CPM scheduling model analysis.The time is in days and the costs include both direct and indirect costs. What are the total time of this project and total normal cost?

• A)Total time is 13 days, total cost is $1,200.
• B)Total time is 12 days, total cost is $1,700.
• C)Total time is 11 days, total cost is $1,600.
• D)Total time is 10 days, total cost is $1,750.
• E)Total time is 9 days, total cost is $1,700.

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Definitions:

Consistently

Consistently refers to acting or performing in the same manner over time, ensuring uniformity and reliability in behavior or outcomes.

Significant Achievement

A considerable or noteworthy accomplishment that marks progress toward a goal.

Purpose

The reason for which something is done or created or for which something exists.

Value-based Management

Value-based management is a business management strategy focused on maximizing shareholder value through the alignment of company processes, resources, and initiatives toward this objective.