The Probability That a Project Will Overrun Its Allocated Duration

question 50

Multiple Choice

The probability that a project will overrun its allocated duration is:

• A)volume market risk.
• B)price market risk.
• C)integration risk.
• D)schedule risk.

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Definitions:

Notice

A formal communication or announcement given to a party, usually in writing, about an action or condition.

UCC

A comprehensive set of laws governing all commercial transactions in the United States, intended to harmonize the law of sales and other commercial transactions across American states.

Actual Knowledge

Direct awareness or understanding of a fact, without needing to infer from other facts.

Holder In Due Course

A legal term for someone who has acquired a negotiable instrument, like a check, in good faith and is entitled to payment.