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How Can Industrialization Enhance People's Quality of Life

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How can industrialization enhance people's quality of life?

Distinguish between the Critical Path Method (CPM) and PERT, including their purposes and methods of calculation.
Understand the construction and analysis of network diagrams, including the calculation of earliest and latest start times, and total project duration.
Discuss the ethical considerations in project management across different project phases.
Explain the concept of cost/time trade-off in project management.

Definitions:

Lean Business Model

A strategic approach that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.

Triple Bottom Line

A sustainability framework that evaluates a company's social, environmental, and financial performance to measure its full impact.

Environmental

Relating to the natural world and the impact of human activity on its condition.

Cost of Goods Sold

Expenses directly associated with the production process of goods for sale by a company, including both labor and materials.

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