Posted: September 30th, 2022

What are critical path activities, and why are they important?

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Hi Everyone! For this discussion, the initial post by each student should be in the range of 200-250 words. Also, there should be a minimum of three posts by everyone. Please choose one topic for your initial post and respond to other students’ posts as your second and third posts here. What are some of the questions that can be answered with PERT and CPM? What are the major differences between PERT and CPM? What is an activity? What is an event? What is an immediate predecessor? Describe how expected activity times and variances can be computed in a PERT network. Briefly discuss what is meant by critical path anal-ysis. What are critical path activities, and why are they important? What are the earliest activity start time and latest activity start time? How are they computed? Describe the meaning of slack and discuss how it can be determined. How can we determine the probability that a project will be completed by a certain date? What assumptions are made in this computation? Briefly describe PERT/Cost and how it is used. What is project crashing?

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