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Using CPM,when Activity Times Are Not Known with Certainty,we Still

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Using CPM,when activity times are not known with certainty,we still can determine how long it will actually take to complete the project.


Definitions:

Natural Resources

Materials or substances such as minerals, forests, water, and fertile land that exist in nature and can be used for economic gain.

Opportunity Cost

The act of losing possible benefits from other routes when a single path is chosen.

Trade

The exchange of goods and services between individuals, businesses, or countries, which can be domestic or international in nature.

Corn

A cereal plant that yields large kernels on a cob, used as food for humans and livestock and as a raw material in industry.

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