The Disadvantage of a BOOT Contract to the Project Organization

question 95

Multiple Choice

The disadvantage of a BOOT contract to the project organization is that they must take on:

• A)higher safety risks.
• B)higher failure risks.
• C)higher financial risks.
• D)higher competitive risks.

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Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular period, used in budget control and analysis.

Patient-Visits

The number of times patients visit a healthcare provider or facility for treatment or consultation.

Static Budget

A budget that does not change or adjust in response to variations in business activity levels.

Overhead Cost

Expenses related to the day-to-day running of a business that are not directly tied to a specific product or service.