North american free trade agreement

Assignment Help Operation Management

Reference no: EM132252208

1. North American Free Trade Agreement (NAFTA) has helped reduce trade from 40% in 1940 to less than 3% today.

True

False

2. Microsoft Project is effective for managing small projects. However, for large or complex projects, Program evaluation and review technique (PERT) and the critical path method (CPM) are much preferred.

True

False

3. The management of projects involves three phases; planning, scheduling, confusion

True

False

4. The critical path is the length of time an activity can be delayed without delaying the entire project.

True

False

5. Late Start = Late Finish – Activity time

True

False

6. Hardrock Café holds an event called “Rockfest”

True

False

7. Pessimistic time is defined as a time during the project planning phase where project managers generally have low outlooks towards their project.

True

False

8. Free time can be described as Slack

True

False

Reference no: EM132252208

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