Which Term Is Used for a Significant Event on a Project

question 25

Multiple Choice

 Which term is used for a significant event on a project that normally has no duration?

• A) milestone
• B) activity attribute
• C) activity sequence
• D) schedule baseline

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Definitions:

Economic Climate

The overall state of the economic environment, factoring in aspects like growth rates, employment levels, inflation, and consumer spending.

Financial Leverage

Financial leverage refers to the use of debt (borrowed funds) to amplify the potential returns to shareholders. It increases the potential for both gains and losses.

Operating Risk

The risk arising from the day-to-day operations of a company, indicating the variability in operating income due to changes in revenue and expenses.

Financial Risk

The potential for losses due to factors affecting the overall financial market or specific securities within a portfolio.