A Project Schedule Is a Tool Used to Communicate What

question 116

True/False

A project schedule is a tool used to communicate what work needs to be performed, which resources are used to perform the work, and when the work needs to be performed.

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Definitions:

Total Utility

The total satisfaction or benefit a person receives from consuming a certain quantity of goods or services.

Marginal Utility

The extra pleasure or benefit gained by a person from consuming one more unit of a product or service.

Total Utility

The total satisfaction or benefit derived by a consumer from consuming a particular quantity of goods or services.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.