In a PERT network, the activities on the critical path are a, b and c. The standard deviations of the durations of these activities are 2, 2 and 1 respectively. The variance of the project duration is

In a PERT network, the activities on the critical path are a, b and c. The standard deviations of the durations of these activities are 2, 2 and 1 respectively. The variance of the project duration is Correct Answer 9

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Statement (I): Crashing of project duration always increases the cost of the project on its completion, no matter what the indirect, or overhead, costs are. Statement (II): The critical path along the project activities network diagram is compressed in the process of investigating the crashing of the project duration, and not the non-critical activities, up to a certain stage of crashing.