What is the “time value of money” and why is it relevant to project management?
Answer to relevant QuestionsWhat three types of data does Microsoft Project use to compute each assignment’s cost value? What is the difference between contingency reserves and management reserves? When would each be used? Why is it helpful to have a wide level of participation in risk management activities? What is the difference between common and special causes of variation? Describe the three outputs of quality control.
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