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Certified Internal Auditor Exam Questions 626–630 (page: 127)

Updated On: 9-Feb-2026

The expected time of the critical path is

  1. 12.0 days.
  2. 13.0 days.
  3. 11.5 days.
  4. 11.0 days.

Answer(s): B

Explanation:

The critical path is the longest path. The longest path in the diagram is A-D-E, which requires 13 days 5.5 + 7.5) based on expected times. The network diagram and the corresponding activity cost chart for a manufacturing project at Networks, Inc. are presented below. The numbers in the diagram are the expected times in days) to perform each activity in the project.



To keep costs at a minimum and decrease the completion time by 1-1/2 days, Networks, Inc.
should crash activity i es)

  1. AD and AB
  2. DE
  3. AD
  4. AB and CE

Answer(s): A

Explanation:

The critical longest) path is A-D-E, which has an expected time of 13 days 5.5 +7.5). However, to decrease the project's completion time by 1.5 days, paths A-B-C-E 4.5 + 1.0 + 6.5 = 12 days) and A-B-D-E 4.5 + .5 + 7.5 = 12.5 days) as well as A-D-E must also be shortened. Hence, A-D-E must be reduced by 1.5 days, A-B-C-E by .5 day, and A-B-D-E by 1.0 day. The only way to decrease A-D-E by 1.5 days is to crash activity. AD 5.5 expected time -4.0 crash time = 1.5 days). Crashing DE results in a 1.0-day saving 7.5 -- 6.5) only. Crashing AB is the efficient way to reduce both A-B-C-E and A-B-D-E by the desired amount of time because it i s hart of both paths. The incremental cost of crashing AB is U $1, 000 US $4, 000 crash cost -- US $3, 000 normal cost) to shorten the completion time by
1.0 day 4.5 -- 3.5). The alternatives for decreasing both A-B-C-E and A-B-D-E are more costly.



When making a cost-time trade-off in PERT analysis, the first activity that should be crashed is the activity

  1. With the largest amount of slack.
  2. With the lowest unit crash cost.
  3. On the critical path with the maximum possible time reduction
  4. On the critical path with the lowest unit crash cost

Answer(s): D

Explanation:

When making a cost-time trade-off, the first activity to be crashed have its completion time accelerated) is one on the critical path. To select an activity on another path would not reduce the total time of completion. The initial activity chosen should be the one with the completion time that can be accelerated at the lowest possible cost per unit of time saved.



In PERT, slack is the

  1. Uncertainty associated with time estimates.
  2. Difference between the latest starting time and earliest finishing time.
  3. Path that has the largest amount of time associated with it.
  4. Number of days an activity can be delayed without forcing a delay for the entire project.

Answer(s): D

Explanation:

PERT diagrams are free-form networks showing each activity in a large project as a line between events. The critical path is the longest path in time through the network. That path is critical in that, if any activity on the critical path takes longer than expected, the entire project will be delayed. Paths that are not critical have slack time. Slack is the number of days an activity can be delayed without forcing a delay for the entire project.



The network below describes the interrelationships of several activities necessary to complete a project. The arrows represent the activities. The numbers between the arrows indicate the number of months to complete each activity. The shortest time to complete the project is

  1. 5 months.
  2. 6 months.
  3. 8 months.
  4. 14 months.

Answer(s): C

Explanation:

The longest, or critical, path in the network from node A) to node F) is path A- -D-F. All other paths are shorter than path A-C-D-F, so the activities along those paths can be completed before the activities along path A-C-D-F. Thus, the shortest time to complete the project is 8 months 3 + 3 + 2).



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