Conventional Industry Practice Has the Project Paid in Three Parts

question 22

True/False

Conventional industry practice has the project paid in three parts due: 1)after the project is accepted,2)at the project mid-point,and 3)at the conclusion of the project.

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Definitions:

Validity Error

A discrepancy or mistake that affects the accuracy or truthfulness of a test's results.

Content Validity

The extent to which a test or measure represents all facets of a given construct or domain.

Given Construct

A given construct refers to a specific concept or theoretical idea that is established and used as a basis for research or analysis.

Content Validity Ratio

A ratio of the number of raters who evaluate an item and the number of raters who deem an item to be an essential component of the construct being measured.