Why Is Documentation Important for a Project

question 34

Multiple Choice

Why is documentation important for a project?

• A)It provides a record that can be audited or used as part of a legal defense.
• B)It is valuable for the project team in case they need to trace how a decision was made.
• C)It may be used as a source of best practices to improve other projects.
• D)All of the above.

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Definitions:

Total Liabilities

The sum of all financial obligations or debts a company owes to external parties.

Capital

Financial resources or assets owned by a business, used to fund its operations and growth.

Meta-contrast Principle

A social psychology concept suggesting that individuals define in-groups and out-groups based on the most distinct features that differentiate them from each other.

Group Norms

Shared expectations and rules that guide behavior of members within a group, influencing conformity and group dynamics.