A Project Risk Refers to ______

question 73

Multiple Choice

A project risk refers to ______.

• A)the potential that the project may not be awarded to a company that is bidding for it
• B)the potential of any event that can adversely affect the feasibility of a project
• C)the potential for project costs to be significantly less than budgeted
• D)the potential for project time to be significantly less than scheduled

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Definitions:

Research Costs

Expenses related to the investigation and exploration of materials, processes, or markets to generate new knowledge.

Development Costs

Expenditures associated with the research and development of a company's products or services, which might be capitalized or expensed depending on the nature of the project and accounting standards.

Intangible Assets

Assets that do not have physical substance but are identifiable and provide future economic benefits, such as patents, trademarks, and copyrights.

Physical Substance

This refers to the tangible nature of an asset, meaning it can be seen, touched, or physically measured.