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Bill Bonecrusher graduates from college with a choice of playing professional football at $2 million a year or coaching for $50,000 a year. He decides to play football, but eight years later, though he could continue to play football at $2 million a year, he quits football to make movies for $3 million a year. His opportunity cost of playing football at graduation was ________ and eight years later the opportunity cost of making movies was ________.
Critical Path
The sequence of stages or tasks that determines the minimum time needed to complete a project or operation.
PERT Chart
A project management tool used to schedule, organize, and coordinate tasks within a project.
Delayed
Occurring later than expected or intended; postponed.
Planned Deadlines
Specified dates by which tasks or projects are targeted to be completed.
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