Consider the following features/factors:
1. Projects are of the non-repetitive type
2. Time required need not be known
3. Time required is known precisely
4. Events have been established for planning
5. Emphasis is given to activities of project
PERT is preferred for planning because of
Consider the following statements:
In the bar chart planning
1. Interdependence of the operations cannot be portrayed.
2. Progress of work can be measured.
3. Spare time of the activities can be determined.
4. Schedule cannot be updated.
An excavator costs Rs. 20,00,000 and has an estimated life of 8 years. It has no salvage value at the end of 8 years. The book value of the excavator at the end of 3 years using general double declining balance method is