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CPM Requires
By BYJU'S Exam Prep
Updated on: September 25th, 2023
CPM requires
A. Single-time estimate
B. Double-time estimate
C. Triple-time estimate
D. None of these
Find the correct answer from the given option and also provide a detailed solution to the answer.
Table of content
Answer: A-Single-time estimate
CPM requires a single-time estimate.
Solution:
CPM is the acronym for Critical Path Method. CPM is an activity-oriented technique that focuses on cost optimization. CPM requires a single-time estimate and it is a deterministic model. In contrast to this, PERT is an event-oriented technique and requires three times the estimate.
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