Statement I The critical path has been defined as the longest duration path between the first and the last nodes of a project.
Statement II The duration of a project is not always the same as the duration of its critical path.
Statement III The earliest start and finish times of an activity are based on the condition that every activity will not be started and finished as early as possible.
Find the correct answer for given statements being correct or incorrect.

Statement I The critical path has been defined as the longest duration path between the first and the last nodes of a project.
Statement II The duration of a project is not always the same as the duration of its critical path.
Statement III The earliest start and finish times of an activity are based on the condition that every activity will not be started and finished as early as possible.
Find the correct answer for given statements being correct or incorrect. Correct Answer Statement I is correct, but Statements II and III are not correct

Related Questions

In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested courses of action logically follow(s) for pursuing. Statement: With just two days to go for the second edition of Amazon Prime Day, the e-commerce giant has been keeping its loyalists busy with a seven-day entertainment marathon. Started on July 10 with the release of Amitabh Bachchan starrer '102 Not Out', Amazon has been dropping one title every day for its Prime members. With Video and Music, Amazon clearly wants to showcase that Prime day is not merely about products. Courses of action: I. Building on the success of its previous sales, Amazon is gearing up for a bigger event, with extra perks for its Prime members in the form of quality video and music content - and not just early access and quicker deliveries. II. Started on July 3, Prime members who play three songs from the millions on Amazon Prime Music stand a chance to win an Echo Dot every day, with two winners announced daily. III. With Raazi and Transformers: The Last Night slated for release in the next two days, members already have access to Dunkirk, Telugu hit Officer as well as Prime Original show, Comicstaan - a reality TV show to find India's next stand-up comedy star.
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.