PERT technique of network analysis is mainly useful for Deterministic activities Research and development projects Large and complex projects Small projects TRUE ANSWER : ? YOUR ANSWER : ?
In time-cost optimization of a project, crashing is done. Only on activities lying on the original critical path and having flatter cost slopes On all the activities On original critical activities and those that become critical at any stage of crashing in the order of ascending cost slope On all the activities lying on the critical path TRUE ANSWER : ? YOUR ANSWER : ?
The salient feature of functional organization is All listed here Each individual maintains functional efficiency Separation of planning and design part Strict adherence to specifications TRUE ANSWER : ? YOUR ANSWER : ?
A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is Rs. 8,50,000 Rs. 4,75,000 Rs. 5,75,000 Rs. 6,50,000 TRUE ANSWER : ? YOUR ANSWER : ?
Economic saving of time results by crashing Costliest critical activity Costliest noncritical activity Cheapest critical activity Cheapest noncritical activity TRUE ANSWER : ? YOUR ANSWER : ?
For the network shown in the given figure, the expected time for the activity 1-2 is 4 3-4 is 8 2-3 is 7 All listed here TRUE ANSWER : ? YOUR ANSWER : ?
Updating may result in All of these Increase of project completion time Change of critical path Decrease of project completion time TRUE ANSWER : ? YOUR ANSWER : ?
If an activity has its optimistic, most likely and pessimistic times as 2, 3 and 7 respectively, then its expected time and variance are respectively 5 and 25/36 3.5 and 5/6 4 and 5/6 3.5 and 25/36 TRUE ANSWER : ? YOUR ANSWER : ?
The artificial activity which indicates that an activity following it, cannot be started unless the preceding activity is complete, is known as Dummy Event Constraint Free float TRUE ANSWER : ? YOUR ANSWER : ?
The reduction in project time normally results in Increasing the direct cost and decreasing the indirect cost Decreasing the direct cost and increasing indirect cost Increasing the direct cost and indirect cost both Decreasing the direct cost and indirect cost both TRUE ANSWER : ? YOUR ANSWER : ?