Retainage in the Context of a Project Management Refers To

question 3

Multiple Choice

Retainage in the context of a project management refers to:

• A) A final project payment the customer holds until all final details are complete
• B) A final deliverable that the project team withholds until the final payment is received
• C) An initial payment made to the organization to retain the service of the project team
• D) A firewall to protect project data
• E) None of the above

---

Definitions:

Demoralizing

Actions or situations that reduce an individual’s motivation, enthusiasm, or confidence, negatively impacting their performance or attitude.

Leader Behavior

Actions and conduct exhibited by leaders, influencing their effectiveness and the motivation, performance, and satisfaction of their followers.

National Culture

The shared values, beliefs, customs, behaviors, and artifacts that the members of a society use to cope with their world and with one another, transmitted from generation to generation within a particular country or region.

Ethical Programs

Initiatives and practices designed to ensure behavior in organizations adheres to established moral principles and standards of conduct.