Industrial Engineering and Production Management
Earliest finish time can be regarded as

Earliest start time + duration of activity
Earliest start time duration of activity
Latest finish time + duration of activity
Latest finish time duration of activity

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Industrial Engineering and Production Management
Slack represents the difference between the

Latest allowable time and the normal expected time
Normal allowable time and the latest expected time
Latest allowable time and the earliest expected time
Proposed allowable time and the earliest expected time

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Industrial Engineering and Production Management
The basic difference between PERT and CPM is that

Costs are considered on CPM only and not in PERT
Critical path is determined in PERT only
Guessed times are used in PERT and evaluated times in CPM
PERT deals with events and CPM with activities

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