12. In general, work packages should not exceed 10 work days. 13. The project structure chosen to manage the project will have little impact on the actual project work to be accomplished. 14. An activity is an element of the project that always requires time but may or may not require resources. 15. The forward pass through a project network determines the critical path. 16. Different activities along the same path can have different total slack. 17. It is possible to have more than one critical path at the same time. 18. Free slack applies to an entire project network. 19. Lags are used to break larger activities into smaller segments so that activities that follow can be started earlier. 20. In a balanced matrix form of project management, the project manager is responsible for defining what needs to be accomplished while the functional managers are concerned with how it will be accomplished.

12. In general, work packages should not exceed 10 work days. 13. The project structure chosen to manage the project will have little impact on the actual project work to be accomplished. 14. An activity is an element of the project that always requires time but may or may not require resources. 15. The forward pass through a project network determines the critical path. 16. Different activities along the same path can have different total slack. 17. It is possible to have more than one critical path at the same time. 18. Free slack applies to an entire project network. 19. Lags are used to break larger activities into smaller segments so that activities that follow can be started earlier. 20. In a balanced matrix form of project management, the project manager is responsible for defining what needs to be accomplished while the functional managers are concerned with how it will be accomplished.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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