Industrial Engineering and Production Management
An optimum project schedule implies

Lowest possible cost and shortest possible time for project
To produce best results under given constraints
Timely execution of project
Optimum utilization of men, machines and materials

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Industrial Engineering and Production Management
The important file in making a PERT is

All of the these
No activity from any event can be started from preceding event till it is completed
An event can't be accomplished until activities leading to it are completed
Length of arrow has nothing to do with time

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