During Project Closing, the Project Team or Contractor Should Ensure

question 21

Multiple Choice

During project closing, the project team or contractor should ensure that copies of appropriate project documentation are properly organized, filed, and archived so that

• A) they can be stored easily.
• B) they can be readily retrieved for future use.
• C) the files are ready for audit.
• D) the project sponsor could review them.

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Definitions:

Special Warranty Deed

A Special Warranty Deed is a type of deed in which the seller guarantees they have not impaired the title but only during their ownership.

General Warranty Deed

A type of deed in real estate that provides the highest level of protection for the buyer, where the seller guarantees they hold clear title to the property and have the right to sell it.

Buyer

An individual or entity that purchases goods or services from a seller in exchange for monetary payment or other consideration.

Grantor

The person or legal entity that creates a trust, conveys property, or grants a right.