Once the Project Schedule and Budget Are Accepted by the Client

question 64

True/False

Once the project schedule and budget are accepted by the client or sponsor, the project plan becomes the baseline plan that will be used as a benchmark to track the project's actual progress.

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Definitions:

Negative Reinforcement

A behavioral psychology concept where the removal of an unfavorable outcome or stimulus strengthens a desired behavior.

Punishment

A consequence given to reduce the occurrence of a particular behavior.

Modelling

The process of representing a real-world system or phenomenon through a set of mathematical equations, simulations, or physical replicas.

Extinction

In behavior, the process by which a previously reinforced behavior is weakened by no longer providing reinforcement.