Which of the Following Qualities of an Effective Plan Allows

question 19

Multiple Choice

Which of the following qualities of an effective plan allows for alterations if the situation changes?

• A)continuity
• B)unity
• C)flexibility
• D)accuracy

---

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.