Project Evaluation Should Only Appraise the Progress and Performance of a Project

question 79

True/False

Project evaluation should only appraise the progress and performance of a project relative to the project's initial plan and not relative to a revised plan.

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Definitions:

Accounting Principles

Established guidelines and standards for financial reporting and accounting practices.

Conventions

Agreed-upon principles or practices that guide actions and decisions in specific contexts, such as accounting conventions which guide financial reporting.

Guidelines

General rules, principles, or pieces of advice that aim to streamline processes, ensure compliance, or guide behaviors and decisions.