In Order to Shorten the Duration of a Project the Project

question 86

Multiple Choice

In order to shorten the duration of a project the project manager should limit the choices of activities to just those that are on the __________.

• A) shortest path
• B) path with the greatest variability
• C) critical path
• D) path with the least amount of resources required
• E) path with the most resources required

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Definitions:

Prices Fall

A scenario in which the market prices of goods or services decrease, often due to increased supply or reduced demand.

Law Of Demand

The economic principle stating that, all else being equal, as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.

Quantity Demanded

The total amount of goods or services that consumers are willing and able to purchase at a specific price level.

Capital Market

The input/factor market in which households supply their savings, for interest or for claims to future profits, to firms that demand funds to buy capital goods.