CPM handle trade-offs between time and cost in the project
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Describe how does CPM handle trade-offs between time and cost in the scheduling of a project?
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This post describe how does CPM handle trade-offs between time and cost in the scheduling of a project
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CPM handles the trade-off between time and cost in the scheduling of a project by crashing the critical activity's time.
The process goes as follows:
1. First, project manager construct the network diagram and identify the critical path. The duration of the critical path is the duration of the project.
2. Project duration can be reduced by reducing the length of the critical ...
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