The time corresponding to minimum total project cost is

Related MCQs

• If the scheduled completion time of a project is more than the earliest expected time for completion of the project, then the probability of completion of the project within the scheduled completion time will be
• Optimistic time, most likely time and pessimistic times for the activities of a network in the given figure are written above their arrows. If the contractual obligation time for the project is 75, the latest occurrence time for the event 2, is
• If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is
• If the excavation of earth is done manually then it costs Rs. 10 per cum. A machine can excavate at a fixed cost of Rs. 4000 plus a variable cost of Rs. 2 per cum. The quantity of earth for which the cost of excavation by machine will be equal to the cost of manual excavation is
• If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be
• In time-cost optimization of a project, crashing is done.
• The direct cost of a project with respect to normal time is
• If a is the optimistic time, b is the pessimistic time and m is most likely time of an activity, the expected time of the activity, is
• Preliminary project report for a road project must contain
• The time with which direct cost does not reduce with the increase in time is known as