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While Using PERT and CPM Techniques,if Any of the Activities

question 71

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While using PERT and CPM techniques,if any of the activities along the critical path is delayed,the entire project is delayed.


Definitions:

Creditors

Individuals, financial institutions, or other entities that are owed money by a debtor, usually arising from financial agreements or contracts.

Partnership Business

A business structure in which two or more individuals manage and operate a business in accordance with the terms and objectives set out in a Partnership Agreement.

Bankruptcy Code

The collection of laws and regulations that govern the process of bankruptcy, allowing individuals or entities relief from debt under specific conditions.

Financial Difficulties

Situations where an individual or organization struggles to manage and meet their financial obligations.

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