A Project's Duration Can Be Reduced By

question 60

Multiple Choice

A project's duration can be reduced by:

• A)Shortening the duration of critical path tasks.
• B)Adding tasks to the critical path.
• C)Adding shorter routes around the critical path.
• D)Completing the backward pass first.

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Definitions:

Effective Rate

The actual interest rate an individual pays on a loan or earns on an investment, accounting for compounding.

Monthly Rate

The interest or return generated by an investment or loan over a one-month period, often annualized for comparison purposes.

Loan Payment Schedule

A detailed plan showing the amount and timing of payments required to repay a loan, including both principal and interest components.

Amortized Loan

A loan with scheduled periodic payments that consist of both principal and interest, designed to pay off the debt over a set period.