Industrial Engineering and Production Management
The correct sequence of phases in value engineering is

Creative phase, information phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase

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Industrial Engineering and Production Management
Activity slack or float of any event on a PERT/CPM chart is represented by

Latest start time of the event earliest start time of the event
Anyone of the above
Latest finish time of event earliest finish time of the event
Latest start time of succeeding event earliest finish time of preceding event activity time

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