What are the trade-offs among schedule slippage, resource utilization, and in-process inventory for a project manager in a multi-project environment?
What will be an ideal response?
Schedule slippage is a negative consequence on time performance for a project. Resource utilization is the degree to which available resources are deployed and in-process inventory represents the amount of work waiting to be completed but delayed due to unavailable resources. Resource utilization can be increased by deploying all available resources as fully as possible.
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