Unfortunately,it Is All Too Common for Projects to Go Over

question 38

Multiple Choice

Unfortunately,it is all too common for projects to go over budget and / or be completed late.What is the main reason?

• A)An improperly constructed WBS
• B)Too much scope creep
• C)An unplanned for risk event
• D)Insufficient upfront planning

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Definitions:

Liability Increase

An augmentation in the current obligations that a company owes, which may include loans, accounts payable, mortgages, deferred revenues, or other debts.

Cost Of Assets Consumed

Expenses associated with the using up of assets resulting from operational activities.

Expense

Money spent or costs incurred in the process of generating revenue.

Shareholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the owners' claims on the company assets.