In Many Cases, the Causes of Scope Creep Reflect a Misfit

question 104

Multiple Choice

In many cases, the causes of scope creep reflect a misfit between ____.

• A) traditional project management methods being applied to high uncertainty projects
• B) agile project management methods being applied to projects with stable, static scope
• C) traditional project management methods being applied to projects with high certainty
• D) agile project management methods being applied to projects with high predictability
• E) agile project management methods being applied to projects involving the application of uncertain technology

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Definitions:

Real Rate of Interest

The rate of interest an investor expects to receive after adjusting for inflation, indicating the real cost of borrowing.

Nominal Rate

The stated interest rate on a loan or financial instrument, not adjusted for inflation.

Inflation

A general increase in prices and fall in the purchasing value of money.

Present Value

The valuation of an expected income stream determined by discounting the future income to the present using a discount rate.