What Is a Project

question 19

Multiple Choice

What is a project?

• A) A temporary endeavor undertaken to create a unique product or service
• B) The application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project
• C) Any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project
• D) Represent key dates when a certain group of activities must be performed

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Definitions:

Definite Time

Pertains to a specific, clearly defined period or moment at which something is scheduled to occur or be completed.

Revised Article 3

An updated part of the Uniform Commercial Code dealing with negotiable instruments, such as checks.

Payable to Order

Refers to a financial instrument that is made payable to the specific order of a person or an entity.

Consumer Paper

Consumer paper consists of financial documents and instruments that reflect personal indebtedness, such as loans, mortgages, and credit agreements.