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In Project Management, Crashing an Activity Must Consider the Impact

question 3

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In project management, crashing an activity must consider the impact on all paths in the network.


Definitions:

Expected Total Cash Flows

An estimation of all cash inflows and outflows associated with an investment over its expected life, used to gauge its profitability.

Average Rate of Return

A financial ratio indicating the average annual return earned through an investment over its lifetime, expressed as a percentage of the initial investment cost.

Net Income

The total earnings of a company after subtracting all costs and expenses from revenue.

Net Cash Flow

The difference between a company's cash inflows and outflows over a period, indicating overall liquidity.

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