Successful Implementation of CCPM Depends on First

question 71

Multiple Choice

Successful implementation of CCPM depends on first:

• A)identifying the critical chain that meanders through the project organization's portfolio of projects.
• B)identifying the constraint that holds hostage the project organization's other resources.
• C)examining and changing the culture of the project organization.
• D)exploiting the drum by using it to subordinate the existing PERT network.

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Definitions:

Mutual Agency

A principle in partnership where each partner has the authority to bind the partnership in contracts and decisions related to the business's ordinary course.

Unlimited Life

Refers often to entities or corporations that have no predetermined duration for existence, allowing them to operate indefinitely.

Limited Liability

A legal structure that protects company owners' personal assets from being used to fulfill the company's debts and liabilities.

Limited Life

Partnership is dissolved by admission, withdrawal, or death of a partner. Although the partnership is dissolved, the operations of the business can continue.