____ May Be: Initiated by the Customer, Initiated by the Project

question 97

Multiple Choice

____ may be: initiated by the customer, initiated by the project team, caused by unanticipated occurrences during the performance of the project, or required by the users of the project results.

• A) Reports
• B) Changes
• C) Project planning
• D) Project scope documentation

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Definitions:

Public Good

An offering of goods or services to society's members at no cost, supplied by the government or private parties, aiming not to generate profit.

Private Good

A product or service that is excludable and rivalrous, meaning its consumption by one individual prevents its consumption by another.

Optimal Level

Optimal Level refers to the most efficient, beneficial, or profitable position or state for a particular process, activity, or economic outcome.

Public Good

A good that is non-excludable and non-rivalrous, meaning it is accessible to all and one individual's use does not diminish its availability to others.