The ____ at a Level of a High Degree of Confidence

question 35

Multiple Choice

The ____ at a level of a high degree of confidence that all the activities that need to be performed to produce the deliverable can be defined, the types and quantities of resources can be determined, and the associated activity durations and costs can be reasonably estimated.

• A) project scope is
• B) resources assigned are
• C) work packages are
• D) applicable technical standards are

---

Definitions:

Increasing Cost Industry

An increasing cost industry is one in which production costs rise as the industry's output increases, often due to scarce resources or increasing input prices.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit.

Firm

An organization or business entity engaged in commercial, industrial, or professional activities.

Quantity

The amount or number of a material or immaterial entity.