Centralized purchasing is a strategy designed for small


1. One limitation of the PERT/CPM approach to project management is that they fail to eliminate conflicts created when there are shared resources.

True

False

2. Which of the following is not one of the six key decisions in project management?

Deciding which projects to implement

Managing and controlling project resources

Selecting a project name

Selecting the project manager

Selecting the project team

3. In a project network, the critical path is the sequence of activities which has the:

most events.

shortest duration.

most activities.

least slack.

greatest variance.

4. Centralized purchasing is a strategy designed for small businesses.

True

False

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Operation Management: Centralized purchasing is a strategy designed for small
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