The Overall Goal and Measure of Project Success Is

question 30

Multiple Choice

The overall goal and measure of project success is:

• A) the project's MOV.
• B) the project's NPV.
• C) the project's technical competency.
• D) the project's adherence to budget and schedule.
• E) the project's end-user acceptance.

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Definitions:

Positive

Refers to statements or assertions that are objective and based on factual evidence, often used in the context of affirming information in sciences and economics.

Microeconomics

The part of economics concerned with (1) decision making by individual units such as a household, a firm, or an industry and (2) individual markets, specific goods and services, and product and resource prices.

Economic Units

Entities such as individuals, households, and firms that make decisions about the allocation of resources and the consumption of goods and services.

Economic System

The organized way a society allocates its resources and apportions goods and services in the national community.