A Project Cannot Be Ruled Successful If ____

question 108

Multiple Choice

A project cannot be ruled successful if ____.

• A) it is completed on time or early as compared to the baseline project plan
• B) the deliverables are accepted by the end user and/or assigning entity
• C) it meets most of the specifications as outlined in the approved project definition
• D) it comes in at or below the expenditures planned for in the baseline budget

---

Definitions:

Operating Income

Operating income is the profit earned from a firm's normal business operations, excluding deductions of interest and taxes.

Variable Costs

Costs that vary directly with the level of production or business activity, such as materials and labor.

Contribution Margin Ratio

The proportion of sales revenue that exceeds variable costs, representing the amount contributing to covering fixed costs and generating profit.

Operating Income

Earnings generated from a company's core business operations, excluding expenses and revenues that are not related to the primary activities.