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Describe the Differences Between a Gantt Chart and a PERT/CPM

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Essay

Describe the differences between a Gantt chart and a PERT/CPM network.


Definitions:

Accounting Net Income

The profit of a company after all expenses and taxes have been deducted from revenues.

Net Present Value Method

A financial analysis tool used to evaluate the profitability of an investment, taking into account the time value of money.

Discount Rate

This interest rate is used in the framework of discounted cash flow analysis to determine the present worth of cash flows anticipated in times ahead.

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