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Which one of the following statements about planning projects is FALSE?

a. The project's objective statement should contain scope, time frame, and allocated resources.

b. The earliest start time for an activity is equal to the smallest earliest finish time of all of its immediate predecessors.

c. In an activity-on-node [AON] network, the nodes represent activities, whereas the arcs represent precedence relationships.

d. A project manager should stop crashing a project if the time budget has been met or if the crash costs have exceeded the savings in indirect and penalty costs.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91754900

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