David Knows That the Project Cannot Be Completed Within the Authorized

question 134

Multiple Choice

David knows that the project cannot be completed within the authorized budget, but it is written for ________, so he is unconcerned.

• A) buy- in
• B) time and material
• C) cost only
• D) fixed cost

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

Stakeholder Analysis

A process of identifying and assessing the interests and influence of people or groups that have a stake in a project or organization's success.

Analytical

Relating to or using analysis or logical reasoning to evaluate or solve problems.

Incremental

Pertaining to a gradual, step-by-step approach to change, rather than significant shifts or complete overhauls.