Question

    One of the network techniques used to decide the l ogical sequence in which various activities will be performed in a project is CPM. What does CPM stand for?

    A Critical Path Method Correct Answer Incorrect Answer
    B Control Path Method Correct Answer Incorrect Answer
    C Commercial Path Method Correct Answer Incorrect Answer
    D Cost and Profit Method Correct Answer Incorrect Answer
    E Contribution Profit Method Correct Answer Incorrect Answer

    Solution

    Network techniqueis a techniquefor planning, scheduling (programming) and controlling the progress of projects.Project Evaluation and Review Technique (PERT) and Critical Path Method (CPM) are two most widely used network techniques. A critical path in project management is the longest sequence of activities that must be finished on time in order for the entire project to be complete.

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