The Performing Phase of the Project Life Cycle Ends When

question 73

Multiple Choice

The performing phase of the project life cycle ends when

• A) all the tasks for the project are complete.
• B) all the budget for the project is expended.
• C) the sponsor accepts the project deliverables.
• D) no changes are necessary to the baseline plan.

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Definitions:

Sales Contract

A legal agreement between a buyer and seller outlining the terms of a sale of goods or services.

Insure

To provide or obtain insurance coverage against risk or loss.

Rights

Entitlements or freedoms granted to individuals or groups by law, social convention, or moral principles.

Liabilities

Financial obligations or debts that a company or individual owes to others.