There Was No Way That the Study Tour to Italy

question 74

Multiple Choice

There was no way that the study tour to Italy could cost only $1500 for 14 days and 13 nights and include all transportation,meals and hotels,but the smarmy professor knew that students would balk at a higher advertised price.Once they were thousands of miles away from home in a country where none of them spoke the language it would be easier to tell them about unanticipated charges and approach the more realistic price of $3500 per person.This type of:

• A)specification change is a common reason for a cost overrun.
• B)lack of definition is a common reason for a cost overrun.
• C)low initial estimate is a common reason for a cost overrun.
• D)unexpected technical difficulty is a common reason for a cost overrun.

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Definitions:

Interior Decorator

A professional who specializes in designing and arranging the inside spaces of homes and buildings to enhance aesthetics and functionality.

Bookcases

Furniture designed to store and display books, typically consisting of horizontal shelves.

Supplier-customer Combinations

Various possible pairings or relationships between suppliers and customers in a market or supply chain.

Mutually Exclusive

Events that cannot happen simultaneously.