Knowing the Amount of Float Allows Project Managers to Know

question 85

True/False

 Knowing the amount of float allows project managers to know whether a project schedule is flexible.

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Definitions:

Desired Profit

The target profit a company aims to achieve within a specific period.

Budget Standard Cost

Expected cost of goods or services set during a budgeting process, which serves as a guideline for managing and controlling future costs.

Markup Percentage

A ratio that shows how much a product’s selling price exceeds its cost, expressed as a percentage of the cost.