Critical path method (CPM)network scheduling assumes a second order (non-linear)time-cost tradeoff exists.

Name: Critical path method (CPM)network scheduling assumes a second order (non-linear)time-cost tradeoff exists.
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Question

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The critical path method (CPM) assumes a linear time-cost tradeoff, meaning that the cost of completing an activity increases proportionally with the time required to complete it. Therefore, increasing the duration of an activity will result in an increase in project cost.

Critical Path Method (CPM)network Scheduling Assumes a Second Order (Non-Linear)time-Cost