An Unplanned,sudden Deterioration in the Organization's Fiscal Performance That May

question 17

Multiple Choice

An unplanned,sudden deterioration in the organization's fiscal performance that may slow a project is an example of which common proposal problem?

• A)Fairy-tale savings
• B)Unwarranted optimism
• C)Shaky extrapolations
• D)Failure to account for post-implementation costs

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Definitions:

Sale

A transaction between two parties where goods, services, or assets are exchanged for money or other considerations.

Title

The legal right to own, use, or dispose of property, goods, or intellectual property.

Risk of Loss

The potential for an asset to be damaged, destroyed, or lost, and the consideration of who bears this responsibility until the asset is delivered.

Insurable Interest

A principle requiring that a person purchasing insurance has a legitimate interest in the continuation of the life, property, or event insured, enough to incur a financial loss if the insured risk occurs.