Why Should Development Projects Have Specific Boundaries

question 41

Multiple Choice

Why should development projects have specific boundaries?

• A) To be effective geographically
• B) To be cost-effective
• C) To be able to be evaluated
• D) So that we know what is included in the project and what is not
• E) So it can go through all the processes and stages of project planning

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Definitions:

Building Consultant

A professional who advises on the construction, modification, or repair of buildings, ensuring compliance with legal and regulatory requirements and achieving desired functionality and aesthetics.

Ledger

A book or collection of financial accounts where transactions are summarized and classified.

Transactions

Actions or activities conducted by a company or between parties that affect the financial position, such as sales, purchases, and payments.

Income Statement

A financial statement that reports a company's financial performance over a specific accounting period, detailing revenue, expenses, and net profit.