The Simplest Way to Reduce Cost on a Project Is

question 93

Multiple Choice

The simplest way to reduce cost on a project is to reduce the scope of a project.

• A) imposed project deadlines.
• B) time to market.
• C) unforeseen project delays.
• D) high overhead.
• E) incentive contracts.

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Definitions:

Proxemics

The examination of how humans utilize space and the impact that the concentration of individuals in an area has on their behavior, communication, and interactions with each other.

First Bubble

The initial phase or occurrence of inflated expectations and speculative investments in a particular industry or market, often leading to a collapse.

Relevance Timing

The importance of delivering information or performing an action at the most opportune time.

Cognitive Dissonance

A psychological phenomenon occurring when an individual holds two or more contradictory beliefs, ideas, or values at the same time, leading to psychological stress.