A Project Objective Such as "Complete the Project" Is Too

question 18

Multiple Choice

A project objective such as "complete the project" is too ambiguous because the customer and the contractor may have ____ of what is meant by "complete."

• A) the same idea
• B) different views
• C) similar understanding
• D) a clear thought

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Definitions:

Stakeholders

Individuals or groups that have an interest in or are affected by the activities and decisions of a business or organization.

Sarbanes-Oxley

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws, following financial scandals at companies like Enron and WorldCom.

Publicly Traded Companies

Companies whose shares are publicly exchanged on the stock market, subject to regulatory reporting requirements.

Financial Reporting

The process of producing statements that disclose an organization's financial status to management, investors, and the government.