Question

Activity -on-node (AON) is a network diagram in which arrows designate activities.  AON is same as Activity-on-Arrow.

True

False

Program evaluation and review technique (PERT) and Critical Path Method (CPM) were both developed in 2000 to help managers schedule, monitor, and control large and complex projects.

True

False

Although the term products often refers to tangible goods, it also refers to offerings by service organizations.

True

False

The management of projects involves three phases Planning, Scheduling and Supply Chain.

True

False

Answer 1

1. False

In an AOA, the arrow depicts the movement of activity and how certain tasks are performed.

2. True

Pert and CPM allow a manager to easily monitor and schedule the project as it displays the important tasks and where the slack lies.

3. True

Products depict both the goods sold as well as services rendered.

4. False

The phases in the management of a project include initiation, planning, execution, control and monitor and closure.

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