True False: Record A for true or B for false on your computer-scored sheet. 1. A project is something that is only done once. 2. In the project approval process, costs tend to be understated (that is, costs usually end up being higher than estimated). 3. CPM is for managing projects that deal with something very new.. such as the moon landing or the Polaris Missile project. 4. PERT uses fixed deterministic time estimates. 5. A task that finishes on or before its late finish time will not delay the project. 6. Slack is LF-E5 (Late finish minus early start). 7. The critical path is the longest path in the network. 8. The two problems that I worked so far in class were activity-on-arc