Question: BrightPath Solutions is facing a challenge. As a project management consultancy, they have taken on the Riverfront Commercial Plaza project, which is a multiphase development

BrightPath Solutions is facing a challenge. As a project management consultancy, they have taken on the Riverfront Commercial Plaza project, which is a multiphase development with a stringent deadline. The project has reached a critical stage where delays are not just costly, they could jeopardize future leasing agreements and result in significant penalties.
Alex, the Project Manager, is considering various project scheduling techniques and needs to ensure the chosen method optimizes the timeline and resources. He approaches you with a series of statements regarding the Critical Path Method (CPM), seeking advice on whichif anyaccurately describes CPM to aid in the decision-making process.
The statements presented are as follows, select the one that accurately describes CPM.
Group of answer choices
The Critical Path Method is a network technique that allows three time estimates for each activity in a project.
The Critical Path Method assumes that activity time estimates follow the normal probability distribution.
The Critical Path Method assumes we do not know ahead of time what activities must be completed.
The Critical Path Method is a deterministic network technique that allows for project crashing.
None of these statements are correct.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!