The CPM method provides an excellent procedure for evaluating time-cost tradeoffs

Question

Quizplus · Accepted Answer

The Critical Path Method (CPM) is a scheduling technique used for project management that helps in evaluating the time required for project completion and the associated costs. It provides a framework for identifying the critical path, which is the longest path of the project, and aids in making time-cost tradeoff decisions. Therefore, the statement is true.

The CPM Method Provides an Excellent Procedure for Evaluating Time-Cost