Sometimes a Sponsor Identifies Major Risks for the Project in

question 5

Multiple Choice

Sometimes a sponsor identifies major risks for the project in

• A)the lessons learnt after the project.
• B)the project charter when the project is authorised.
• C)the contract for service.
• D)the project evaluation meeting.

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Definitions:

Assets Obligations

Duties or debts that an individual or entity is required to fulfill based on ownership of assets.

Merger

The combination of two or more companies into one, where one survives and the others cease to exist.

Creditors

Individuals or institutions that are owed money by debtors or borrowers.

Acquiring Assets

The process of obtaining assets for a company to increase its value or to support the expansion of operations.