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Which term describes professional activities that can be performed legally by members of a licensed profession?
Measurable Factors
Quantifiable elements that can be used to assess progress or performance.
Contingency Reserve
Funds allocated within a project budget to address unforeseen situations or risks, providing a buffer for unplanned expenses.
Unspecified Extra Costs
Additional expenses that were not originally planned or accounted for in a project's budget, often arising from unforeseen circumstances or changes.
Estimate to Complete
An updated projection of costs still required to complete all remaining project activities, considering current performance.
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