Which of the Following Statements About Project Success Criteria Is

question 75

Multiple Choice

Which of the following statements about project success criteria is BEST?

• A)Project cost is an external performance measure.
• B)Completion time is an internal performance measure.
• C)Client acceptance is an internal performance measure.
• D)Client acceptance is often referred to as conducting a "quality" check.

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Definitions:

Cash Out

The act of disbursing or spending cash, typically resulting in a decrease in the cash balance of a business or individual.

Raw Materials

The basic materials that are used in the production process of goods, prior to being processed or transformed.

Direct Labor Budget

A detailed plan that shows the amount of direct labor hours required to meet production needs and the associated costs.

Direct Labor-Hours

Hours attributed to workers who are directly involved in the creation or assembly of a company's products.