Match Each of the Following Terms with Its Definition

question 143

Multiple Choice

Match each of the following terms with its definition.
-A document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.

• A)Baseline Project Plan
• B)discount rate
• C)economic feasibility
• D)intangible benefit
• E)intangible cost
• F)legal and contractual feasibility
• G)operational feasibility
• H)one-time cost
• I)political feasibility
• J)present value
• K)recurring cost
• L)schedule feasibility
• M)Project Scope Statement
• N)tangible benefit
• O)tangible cost
• P)technical feasibility
• Q)walkthrough

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Definitions:

Original Promisee

The individual or entity to whom a promise or commitment is initially made in a contractual agreement.

Breach of Contract

A situation where one or more parties fail to fulfill the terms agreed upon in a contract.

Injured Party

An individual or group that has suffered harm or damage due to another person's actions or a breach of contractual obligations.

Performance

Execution or completion of duties or tasks as required or agreed upon in a contract.