Quantitative Techniques: Theory and Problems

THEORETICAL QUESTIONS

1. What is CPM?
2. How is CPM useful?
3. State the assumptions of CPM/PERT.
4. Explain the following terms:
   1. Activity
   2. Predecessor activities
   3. Successor activities
   4. Event
   5. Tail event and head event
   6. Merged event and burst event
   7. Network
   8. Dummy activity
5. State the five steps of the working methodology of critical path analysis.
6. State the conventions followed in drawing network.
7. Can a critical path change during the course of a period?
8. Explain the following terms:
   1. Activity
   2. Slack Time for an Event
   3. Head Event Slack (HES)
   4. Tail Event Slack (TES)
   5. Earliest Finish Time (EFT)
   6. Latest Start Time (LST)
   7. Total Float
   8. Free Float
   9. Independent Float
   10. Interfering Float
9. What is the total float of activities lying on critical path?
10. How will you deal with the ...