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The Backward Pass Through a Project Network Determines Slack or How

question 66

True/False

The backward pass through a project network determines slack or how long an activity can be delayed without impacting the completion date of the project.


Definitions:

Odds Increase

"Odds increase" implies that the probability or likelihood of a specific event or outcome happening is rising.

Gambler's Fallacy

The incorrect belief that future probabilities are altered by past events in a random process.

State Lottery

A government-regulated form of gambling which involves the drawing of numbers for a prize.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method, or decision.

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