Construction Planning and Management
Critical path method

Avoids delays which are very common in bar charts
All listed here
Provides a realistic approach to daily problems
Is an improvement upon bar chart method

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Construction Planning and Management
A contractor has two options;(l) : Invest his money in project A or (II) : Invest his money in project B. If he decides to invest in A, for every rupee invested, he is assured of doubling his money in ten years. If he decides to invest in B, he is assured of making his money 1.5 times in 5 years. If the contractor values his money at 10% interest rate, he

could invest in either of the two projects
should invest in project A
should invest in project B
should invest in neither of the two projects

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Construction Planning and Management
If the optimistic time, most likely time and pessimistic time for activity A are 4, 6 and 8 respectively and for activity B are 5, 5.5 and 9 respectively, then

expected time of both activities A and B are same
expected time of activity A is greater than the expected time of activity B
expected time of activity B is greater than the expected time of activity A
None of these

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