If the Project Team and Organizational Officials Reassess the Project

question 117

Multiple Choice

If the project team and organizational officials reassess the project after each subsequent SDLC phase to determine if the business conditions have changed or if a more detailed understanding of a system's costs,benefits,and risks suggest that the project is not as worthy as previously thought,they are:

• A)adhering to the incremental commitment principle
• B)overly cautious
• C)using a CASE methodology
• D)adhering to a bottom-up commitment principle

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Definitions:

Rents

Payments made periodically by a tenant to a landlord in exchange for the use of land, a building, or other property.

Supply of Loanable Funds

The total amount of funds that lenders are willing to loan at a given interest rate in an economy.

Elastic

Describes a situation in economics where the quantity demanded or supplied of a good changes significantly in response to changes in its price.

Demand for Land

The desire or need by individuals or businesses to purchase or lease land for various uses such as agriculture, commercial, or residential purposes.