What Are the Three Primary Variables (Or Triple Constraints) in Any

question 5

Multiple Choice

What are the three primary variables (or triple constraints) in any project?

• A)Time, cost, expense
• B)Time, expense, requirements
• C)Time, cost, scope
• D)Time, cost, quality

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Definitions:

Right to Cover

The Right to Cover allows a party to make a purchase of goods or services from another source if the original seller breaches the contract, often seeking reimbursement for any cost difference.

Installment Sale

A method of sale that allows the buyer to make payments over a period of time, eventually leading to ownership of the product or property.

Personal Watercraft

A recreational water vehicle that one rides on, rather than inside of, such as a jet ski.

Nonconforming Goods

Products delivered to a buyer that do not meet the specifications, quality, or standards agreed upon in a contract.