A Project Manager Is Trying to Explain to a Stakeholder

question 283

Multiple Choice

A project manager is trying to explain to a stakeholder why projects are progressively elaborated upon. Which of the following is the BEST explanation?

• A) In the beginning, projects entail a degree of uncertainty that needs to be specified.
• B) In the beginning, projects have start and finish dates that require elaboration.
• C) In the beginning, projects are part of a program that requires coordination.
• D) In the beginning, projects start with detailed inputs that need to be explained.

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Definitions:

Interest Payment Dates

Specific dates scheduled for paying the interest on a loan or debt.

Consolidated Statements

Consolidated statements are financial reports that combine the financial position, results of operations, and cash flows of a parent company and its subsidiaries, presenting it as one entity.

Financial Statements

Formal records of the financial activities and position of a business, individual, or other entity, including balance sheets, income statements, and more.

50% Interest

A financial or ownership stake in an entity or asset, where the holder owns or is entitled to one-half of the interest in the subject matter.