A. minimum
B. maximum
C. zero
D. infinite
Related Mcqs:
- If the scheduled completion time of a project is more than the earliest expected time for completion of the project, then the probability of completion of the project within the scheduled completion time will be__________________?
A. 50%
B. less than 50%
C. more than 50%
D. 100% - If the expected time for completion of a project is 10 days with a standard deviation of 2 days, the expected time of completion of the project with 99.9% probability is________________?
A. 4 days
B. 6 days
C. 10 days
D. 16 days - If the excavation of earth is done manually then it costs Rs. 10 per cum. A machine can excavate at a fixed cost of Rs. 4000 plus a variable cost of Rs. 2 per cum. The quantity of earth for which the cost of excavation by machine will be equal to the cost of manual excavation is_________________?
A. 500 cum
B. 1000 cum
C. 1500 cum
D. 2000 cum - Preliminary project report for a road project must contain___________________?
A. the detailed estimated cost based on detailed design
B. the several alternatives of the project that have been considered
C. the soil survey, traffic survey, concept design and approximate cost
D. the contract documents for inviting tenders - A contractor has two options : 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______________?
A. should invest in neither of the two projects
B. could invest in either of the two projects
C. should invest in project A
D. should invest in project B - If the expected time of completion of a project is 60 weeks with a standard deviation of 5 weeks, the probability of completing the project in 50 weeks and 65 weeks respectively will be__________________?
A. 2.3% and 84.1%
B. 97.7% and 84.1%
C. 97.7 % and 15.9%
D. 15.9% and 97.7% - The normal time required for the completion of project in the above problem is_______________?
A. 9 days
B. 13 days
C. 14 days
D. 19 days - The time corresponding to minimum total project cost is_______________?
A. crash time
B. normal time
C. optimistic time
D. between normal time and crash time - In time-cost optimization of a project, crashing is done____________?
A. on all the activities
B. on all the activities lying on the critical path
C. only on activities lying on the orginal critical path and having flatter cost slopes
D. on original critical activities and those that become critical at any stage of crashing in the order of ascending cost slope - The time with which direct cost does not reduce with the increase in time is known as_________________?
A. crash time
B. normal time
C. optimistic time
D. standard time
