Services That We Actively Seek Out and Employ of Our

question 21

Multiple Choice

Services that we actively seek out and employ of our own accord are referred to as ________ services.

• A) voluntary
• B) internal
• C) external
• D) intangible
• E) involuntary

---

Definitions:

Target Amount

The specific financial goal or budget set for a project, initiative, or investment.

Cost Reimbursable Contract

A type of contract where a contractor is paid for all of its allowed expenses to a set limit plus additional payment to allow for a profit.

Time And Material Contracts

A contractual arrangement that pays for labor at a fixed hourly rate and materials at cost.

Project Risk

Potential problems or uncertainties that could impact the successful completion, quality, or timeline of a project.