The First Step in Planning and Scheduling a Project Is

question 26

Multiple Choice

The first step in planning and scheduling a project is to develop the

• A)employee scheduling plan.
• B)PERT/CPM network diagram.
• C)critical path.
• D)work breakdown structure.

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Definitions:

Nonconforming Goods

Refers to products or goods delivered under a contract that fail to meet the specifications or standards agreed upon.

Acceptance

The act of agreeing to the terms of an offer, thus creating a binding contract between the parties.

Buyer

An individual or entity that purchases goods or services from a seller for money or other agreed consideration.

Liquidated Damages

Damages specified as a term of the contract before a breach of contract occurs.