Which of the Following Statements Best Describes the Effect That

question 60

Multiple Choice

Which of the following statements best describes the effect that project structure has on overall project risk?

• A)Highly structured projects are more complex,and run a higher risk of programmers and users misunderstanding the ultimate goals.
• B)Projects with relatively undefined goals are more likely to be subjected to users changing requirements and to run a higher risk of not satisfying project goals.
• C)Highly structured projects tend to be larger,affecting more organizational units,and run both the risk of out-of-control costs and becoming too difficult to control.
• D)Less structured projects are more able to be quickly developed,tested,and implemented using cutting-edge RAD and JAD development techniques,and pose less risk of running up unforeseen costs.
• E)the less structured a project,the greater the freedom of users to define the system

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Definitions:

Monopoly Power

The degree of control a company has over a market, enabling it to set prices or exclude competition.

Production Costs

The total expenses incurred in the manufacturing of a product or the providing of a service, including raw materials, labor, and overheads.

Economies of Scale

Economies of scale are cost advantages that entities achieve due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Elastic Market Demand

Describes how sensitive the overall market demand for a good or service is to price changes.