Critical Chain Project Management CCPM)is Based on the Idea That

question 19

Multiple Choice

Critical Chain Project Management CCPM) is based on the idea that

• A)people often inflate or add cushioning to their time estimates
• B)PERT/CPM was developed in the 1950s so it is too old to be of any use
• C)Precedence Diagramming only considers the critical path of a project
• D)all of the above
• E)none of the above

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Definitions:

Expenditures

Outflows of cash or other valuable assets from a person or company to pay for goods or services.

Finished Products

Items or goods that have completed all stages of production and are ready for sale to customers.

Time Period

A specific duration or interval during which certain events occur or conditions are measured.

Selling and Administrative Expenses

Expenses related to the daily operations of a business that are not directly tied to production, including sales promotions, salaries of administrative staff, and office rent.