The Bank Project Has Run into More Expenses on the Project

question 85

Multiple Choice

The bank project has run into more expenses on the project than were estimated. What is this called?

• A)Cost performance index
• B)Cost management
• C)Cost forecasting
• D)Cost overrun

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Definitions:

Common Law

A body of unwritten laws based on legal precedents established by the courts, influencing and governing aspects of civil, criminal, and administrative matters.

Cumulative Damage

The total damage that accumulates over time due to continuous or repeated actions.

Waste Recovery Facility

A site dedicated to processing waste materials for the purpose of recovering resources, recycling, or converting waste into energy or new products.

Environmental Assessment

The evaluation of the environmental implications of a planned project or development, to guide decision-making processes.