Which of the following statements about slack time and milestones are true?
1. Slack time represents the amount of time a task may be delayed without delaying the entire project.
2. A milestone is a moment in time that marks the completion of the project's major deliverables.
3. Slack time allows the project manager to move resources from one task to another to ensure that the project is finished on time.
4. A milestone requires resource allocation and needs time to be completed.
Slack time represents the amount of time a task may be delayed without delaying the entire project, allowing the project manager to move resources from one task to another to ensure the project is finished on time. A milestone marks the completion of the project's major deliverables. However, a milestone does not require resource allocation or specific completion time since it is simply a point in time marking an achievement, hence statement 4 is incorrect.
Explain please
Why 4 shouldn’t be included in the answer?
Milestones are tools used in project management to mark specific points along a project timeline. These points may signal anchors such as a project start and end date