A Project Manager Receives a Call from the Area Regional

question 384

Multiple Choice

A project manager receives a call from the area regional building department and is informed that, upon inspection, waterlines from public water access to the project building do not meet local material and installation code specifications. Which of the following items BEST describes the unmet objective?

• A) Schedule
• B) Milestone
• C) Gate
• D) Task

---

Definitions:

Opt Out

The act of choosing not to participate in an activity, service, or agreement, often referring to the decision by an individual or organization to not conform to a standard, policy, or regulation.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to higher market prices.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that sellers are willing to supply.

Demand Curve

A line on a graph that illustrates the quantity of a product that consumers are willing and able to purchase at various price points.