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Question

How can project expenditures be planned using a Gantt chart?

a.

By listing all activities and indicating their earliest starting time and latest ending time on the calendar

b.

By recording time spent per activity per project member on time cards

c.

By using the information contained in the Gantt chart and knowledge of personnel resources required for each activity to establish a personnel plan

d.

By monitoring the project's progress and expenditures

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Answer: (c).By using the information contained in the Gantt chart and knowledge of personnel resources required for each activity to establish a personnel plan Explanation:Using the information contained in the Gantt chart and knowledge of personnel resources required for each activity, a personnel plan can be established indicating how many people are required in each unit of time, which provides a direct means to plan project expenditures.

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Q. How can project expenditures be planned using a Gantt chart?

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