According to the CHAOS Studies, IT Projects

question 38

Multiple Choice

According to the CHAOS studies, IT projects

• A) Are always over-budget and over schedule
• B) Are always succesful even though they can be chaotic
• C) Project success is improving because of better project management tools and processes, smaller projects, and improved communication
• D) Project failure is increasing because because of a lack of available resources and due to a shortage of highly trained technical people
• E) None of these

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Definitions:

Bilateral Contract

An agreement where each of the two parties makes a promise or set of promises to the other.

Unilateral Contract

An agreement in which a promise by one party is exchanged for an act performed by the other party.

Executed

A term applied to a contract in which all of the terms have been fully performed.

Implied-In-Law

A legal obligation arising not from explicit agreement but from a duty inherent in social or legal traditions.