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3. [10 points] Why is it important to determine the critical path of a project? What is the slack of critical path activities? What happens if activities on the critical path are delayed? What happens if activities on the critical path are accelerated? 4. [10 points] Why should a project have a regular reporting period? Should all projects have the same reporting period? Why or why not? What types of data should be collected during each reporting period? Describe in 100