Before Beginning to Create a PERT/CPM Network Model for a Project,the

question 90

Multiple Choice

Before beginning to create a PERT/CPM network model for a project,the project must be described in general terms.Two types of information that must be defined are

• A) slack time and activities.
• B) manpower allocation and project due date.
• C) crash times and manpower allocation.
• D) activities and precedence relationships.

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Definitions:

Stocks' Returns

Stocks' returns refer to the gain or loss made on an investment in stock, usually expressed as a percentage of the investment's initial value.

Maximizing Returns

In finance, it refers to strategies aimed at increasing the gain or profit from investments or business operations to the highest possible level.

Expected Value

The mathematical average of all possible outcomes of a random variable, weighted by their respective probabilities.

Stocks

Shares of ownership in a company, which represent a claim on the company's earnings and assets.