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      Question

      One of the network techniques used to decide the l

      ogical sequence in which various activities will be performed in a project is CPM. What does CPM stand for?
      A Critical Path Method Correct Answer Incorrect Answer
      B Control Path Method Correct Answer Incorrect Answer
      C Commercial Path Method Correct Answer Incorrect Answer
      D Cost and Profit Method Correct Answer Incorrect Answer
      E Contribution Profit Method Correct Answer Incorrect Answer

      Solution

      Network technique is a technique for planning, scheduling (programming) and controlling the progress of projects. Project Evaluation and Review Technique (PERT) and Critical Path Method (CPM) are two most widely used network techniques. A critical path in project management is the longest sequence of activities that must be finished on time in order for the entire project to be complete.

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