Program Evaluation Review Technique (PERT)/Critical Path Method (CPM)and Gantt Charts

question 50

True/False

Program Evaluation Review Technique (PERT)/Critical Path Method (CPM)and Gantt charts are mutually exclusive techniques.

---

Definitions:

Allocation of Resources

The process by which resources are distributed for the production of goods and services within an economy.

Government Intervention

Regulatory actions taken by a government in order to affect decisions made by individuals, groups, or organizations within its economic systems.

Excludable

A characteristic of a good or service that allows the owner or provider to prevent others from using it without permission.

Rival

A characteristic of a good or service that implies its consumption by one individual prevents simultaneous consumption by another individual.