A Project Manager Has Discovered That Three Tasks Are on the Critical

question 7

Multiple Choice

A project manager has discovered that three tasks are on the critical path for a particular project. She has developed the time estimates (in days) shown in the table below. Complete the table and determine the expected completion time for the project.

• A)17 days
• B)18 days
• C)21 days
• D)19 days

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Definitions:

Financing

The process of providing funds for business activities, making purchases, or investing.

Opportunity Cost

The opportunity cost is the value of the best alternative forgone when a decision is made to take a specific action, representing the trade-offs inherent in every decision.

Regions

Geographical areas defined by specific characteristics, boundaries, or features that set them apart from other areas.

Misallocation

Inefficient distribution or use of resources, often resulting in reduced economic efficiency or productivity.