​The Main Difference Between CPM and PERT Is

question 50

Multiple Choice

​The main difference between CPM and PERT is

• A) ​the use of different activity time estimates.
• B) ​PERT analysis is less expensive to conduct.
• C) ​PERT lends itself to computerization while CPM networks must be constructed manually.
• D) ​CPM integrates time and cost performance while PERT is based solely on time performance.

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Single Amount

Refers to a lump sum payment or financial value not broken down into parts or installments.

Concept

An abstract idea or a general notion that underlies the theoretical framework of a subject or an area of knowledge.

Annual Year-end Payments

Payments made at the end of a fiscal year, which can include dividends, bonuses, or other settlements.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan balance.