A Kill Switch Is a Trigger That Enables a Project

question 91

True/False

A kill switch is a trigger that enables a project manager to close the project before completion.

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Definitions:

Unavoidable Cost

Costs that cannot be eliminated or reduced in the short-term regardless of the level of production or the business activity.

Proportional Rent

Rent expenses that fluctuate based on a predetermined factor, such as sales volume or production levels.

Fixed Costs

Costs that remain constant in total regardless of changes in levels of activity or volume of output within a certain range.

Product Dropping

The process of discontinuing a product from a company's offerings, often due to poor sales, shifting market demands or strategic realignments.