[amp_mcq option1=”Synthesising in concepts” option2=”Is built of activities oriented programme” option3=”Is based on time estimate” option4=”All the above” correct=”option4″]
The correct answer is D. All the above.
CPM stands for Critical Path Method. It is a network analysis technique used in project management to plan and schedule a project. It is based on the concept of a critical path, which is the longest sequence of activities in a project that determines the overall project duration.
CPM is built on the following principles:
- Activities are represented by nodes in a network diagram.
- The precedence relationships between activities are represented by arrows in the network diagram.
- The duration of each activity is estimated.
- The critical path is determined by finding the longest path through the network diagram.
- The earliest and latest start and finish times for each activity are determined.
- Float is the amount of time that an activity can be delayed without delaying the project.
- The critical path activities have zero float.
- Non-critical path activities have positive float.
- CPM can be used to identify and schedule critical path activities, to calculate float for non-critical path activities, and to develop a project schedule.
CPM is a powerful tool for project management. It can help to ensure that projects are completed on time and within budget. It can also help to identify and manage risks.
Here is a brief explanation of each option:
- Option A: Synthesising in concepts. CPM is a method for planning and scheduling projects. It is based on the concept of a critical path, which is the longest sequence of activities in a project that determines the overall project duration.
- Option B: Is built of activities oriented programme. CPM is a network analysis technique. It is built on the concept of a network diagram, which is a graphical representation of the activities and precedence relationships in a project.
- Option C: Is based on time estimate. CPM is based on the estimation of the duration of each activity in a project. The critical path is determined by finding the longest path through the network diagram, taking into account the estimated durations of the activities.
I hope this helps!