__________ Can Often Give the Project Manager Early Warning Signals

question 44

Short Answer

__________ can often give the project manager early warning signals of potential problems in a project and help understand the relationships of individual tasks to one another and to the overall project.

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Definitions:

Marginal Revenue Product

The extra income produced by using an additional unit of a resource, such as manpower or investment.

Going Wage

The prevailing wage level for a given job in a specific market or industry, often determined by the balance of supply and demand for labor.

Labor

The deployment of human physical and cognitive efforts towards the creation of goods and the provision of services.

Equilibrium Price

The cost at which the amount of a product consumers want to buy matches the amount that producers are willing to sell.