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Answer C

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Total float affects all activities in the network while free

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float affects only preceding activities.
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Answer C

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1. Optimistic time estimates(tO):- Shortest possible time in which

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an activity can be completed, under ideal conditions.

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2. Most Likely / Most probable time (tL):- Most often (Normal

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3. Pessimistic time (tP):- Maximum time (abnormal situations).

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Expected Time (tE) :- The average time taken for the completion
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of the activity or job.
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tE = (tO+4tL+tP) / 6
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= (6 + 4 × 15 + 60) / 6
= 21 minutes
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Answer A

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1. Standard deviation

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= (60-6) / 6 = 9

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2. = 9² = 81
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Answer C

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Rules to draw project network→

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1. There should be single arrow for every activity.

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2. Every activity should have start and end node.

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3 Project should flow only in one direction.

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4. Project should have only one start & only one finish

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node.
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5. Two activities should not have common start & end
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node.
6. There should be no looping allowed in network.
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Answer D
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Answer B

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1. Normal Time:- is the time that an estimator would usually

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allow for an activity.

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2. Crash time:- is the minimum possible time in which an activity

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Crash time is the time, beyond which the activity cannot be

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3. Normal Cost:- This is direct cost required to complete the
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activity in normal time duration.
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4. Crash Cost:- This is the direct cost corresponding to the

completion of the activity within crash time.
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d)
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Answer D

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Total Project Cost = Direct Cost + Indirect Cost

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1. Indirect Cost:- Those expenditures which cannot be clearly

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as a whole. Eg. Overhead, supervision, penalty etc.

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2. Direct Cost:- Those expenditures which are directly chargeable
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to and can be identified specially with the activities of the

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project. Eg. Labour cost, material cost, equipment cost etc.

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 Answer D

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Answer A

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1. Normal Time:- is the time that an estimator would usually

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2. Crash time:- is the minimum possible time in which an activity

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can be completed, by employing extra resources.

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Crash time is th

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at time, beyond which the activity cannot be shortened by any

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amount of increase in resources.
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3. Normal Cost:- This is direct cost required to complete the
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activity in normal time duration.

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4. Crash Cost:- This is the direct cost corresponding to the

completion of the activity within crash time.
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 Answer B

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 P)
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