Many Projects ____ Because of Scope Creep Caused by Additional

question 48

Multiple Choice

Many projects ____ because of scope creep caused by additional work that was not documented or approved, or was not communicated and in turn caused errors or rework for other elements of the project.

• A) overspend their budget or are not completed on time
• B) are completed early and under budget
• C) are accepted and renewed
• D) are not contracted

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Definitions:

Disposable Income

The amount of money an individual or household has available to spend or save after taxes and necessities have been paid.

Interest Rates

The percentage charged on borrowed money or paid to investors, which reflects the cost of borrowing or the return on investment.

Discretionary Income

The amount of an individual's income left for spending, investing, or saving after all taxes and necessities have been paid.

Luxury Items

High-end products or services that are not essential but are desired for their quality, status, and aesthetic appeal, often associated with a higher price.