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NEW QUESTION: 1
Joseph works as the project manager of the NHQ Project. He has created the project network diagram as shown in the figure:

Based on the network diagram, find out which path is the critical path for this project?
A. ABDIJ
B. ABEHJ
C. ACFIJ
D. ABDHJ
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The critical path is the path with the longest duration to complete the project. It has no float and shows the earliest completion date and the latest completion date for the project. In this example, path ACFIJ takes
27 days and is the critical path.
ACFIJ= A(4)+C(8)+F(4)+I(7)+J(4)= 27
A critical path is the sequence of project activities, which add up to the longest overall duration. This determines the shortest time possible to complete the project. Any delay of an activity on the critical path directly impacts the planned project completion date (i.e. there is no float on the critical path). A project can have several, parallel, near critical paths. An additional parallel path through the network with the total durations shorter than the critical path is called a sub-critical or non-critical path. These results allow managers to prioritize activities for the effective management of project completion, and to shorten the planned critical path of a project by pruning critical path activities, by "fast tracking" (i.e., performing more activities in parallel), and/or by "crashing the critical path" (i.e., shortening the durations of critical path activities by adding resources).
Incorrect Answers:
A: ABEHJ takes only 22 days to complete.
ABEHJ= A(4)+B(5)+E(2)+H(7)+J(4)= 22
B: ABDIJ takes 21 days to complete.
ABDIJ= A(4)+B(5)+D(1)+I(7)+J(4)= 21
C: ABDHJ takes 21 days to complete.
ABDHJ= A(4)+B(5)+D(1)+H(7)+J(4)= 21

NEW QUESTION: 2
Which of the following components of a grant proposal defines the study hypothesis?
A. Research design
B. Significance
C. Background
D. Specific aims
Answer: D

NEW QUESTION: 3
Company ABC has recently started to experience a significant reduction in funds availability. Which of the following is MOST LIKELY to reduce funds availability?
A. Ledger balances have increased.
B. Deposits are arriving at bank later, but prior to cutoff time.
C. Company negotiated a later availability schedule.
D. Company no longer pre-encodes its checks for deposit.
Answer: D