Higher Study | Construction Materials and Management | Project Planning

The time with which direct cost does not reduce with the increase in time is known as
Which one of the following is an incorrect statement?
Gantt charts indicate
In a bar chart the vertical axis represents
The estimate of shortest possible time when the works can be completed under ideal conditions is called
Statement (I): Time-Cost Study for the project must be adopted only when project duration is to be crashed. Statement (II): When there are unmanageable restrictions in realizing a predetermined resource histogram Time-cost Study may have to consider extension of project duration as well.
Statement (I): A merging node will have a uniquely determinable Late Event Time. Statement (II): A merging node is defined as a node where more than one incoming activity arrow leads in 
Statement (I): Critical path(s) through a CPM network can be identified even without working out the backward pass computations by a competent user. Statement (II): Critical path is the progressive chain of activities from start to finish (not excluding between splitting and merging nodes) through the network where Total Float is absent throughout (including through dummy arrows, if appropriate).
Various activities of a project, are shown on bar charts by:
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