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Determine the correct formula and date for the late finish for Activity 2002.
Correct Answer: A
Late Finish (LF) is calculated by adjusting the Late Start (LS) of the subsequent activity (2003) by the lag value. The formula, LS of 2003 - 1 day, aligns with CPM principles where the predecessor's LF must occur before the successor starts. The date calculation, considering lags and dependencies, results in 06 Oct 2021. References: PSP Study Guide, Section 2.2.4 - Relationships and Calculations, Appendix A - Sample Calculations for LF and LS relationships.