The IRR Rule Is Said to Be a Special Case

question 2

Essay

The IRR rule is said to be a special case of the NPV rule. Explain why this is so and why it has some limitations NPV does not?

---

Definitions:

Critical for Completing

Essential tasks or elements required to successfully finish a project or achieve a goal.

Critical Path Method

A project management technique that identifies the longest sequence of dependent tasks and calculates the minimum project duration.

PERT Chart

A resource for project administrators to schedule, coordinate, and organize project-related tasks.

Longest Line

The longest line could refer to the greatest distance between two points in a given set or the most extended queue of people or items arranged linearly.