There Are Three Basic Causes for Change in Projects and Their

question 66

Multiple Choice

There are three basic causes for change in projects and their budgets and/or schedules. Which of the following is not one of these?

• A) Errors the cost estimator made about how to achieve the tasks identified in the project plan.
• B) Inflation causes significant changes to the cost of labor and/or materials.
• C) The project team or client learns more about the nature of the scope of the project or the setting in which it is to be used.
• D) A new law is passed, a trade association sets a new standard, a governmental regulatory agency adopts a new policy.

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Definitions:

Poverty Category

A classification for individuals or families whose income falls below a certain threshold, making it difficult to meet basic living expenses.

Millionaires

Individuals whose net worth or wealth is equal to or exceeds one million units of currency.

Income Inheritance

The transference of wealth or assets from one individual to another upon the death of the former, typically through a legal process or will.

Poverty Rate

The percentage of the population living below the national poverty line, indicating the extent of poverty in a country.