Projects with Very General Scope Definitions Are at Risk of Expanding

question 77

Multiple Choice

Projects with very general scope definitions are at risk of expanding gradually,without specific authorization,in a process called _____.

• A) project dilation
• B) project creep
• C) project expansion
• D) project drift

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Definitions:

Projected Cash Flows

Estimated cash movements over a future period, based on expected income and expenses.

NPV

Net Present Value; the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Operating Working Capital

Current assets minus current liabilities, reflecting the short-term liquidity of a business.

Expansion Projects

Initiatives undertaken by a firm to increase its capacity or operations, often requiring significant capital investment.