Industrial Engineering and Production Management
The basic difference between PERT and CPM is that

Guessed times are used in PERT and evaluated times in CPM
PERT deals with events and CPM with activities
Costs are considered on CPM only and not in PERT
Critical path is determined in PERT only

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Industrial Engineering and Production Management
Which of the following are the guidelines for the construction of a network diagram?

Each activity is represented by one and only one arrow in the network
All of the these
Dangling must be avoided in a network diagram
Dummy activity consumes no time or resource

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