In Many Cases, the Customer States High-Level Requirements in the Project

question 107

True/False

In many cases, the customer states high-level requirements in the project charter or RFP, but the project team or the contractor may need to collect more information from the customer or end users to further refine the requirements.

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Definitions:

Return on Equity

A financial ratio that measures the ability of a firm to generate profits from its shareholders' equity.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.

Shareholders' Equity

The residual interest in the assets of a company after deducting its liabilities; also referred to as stockholders' equity.

SML Approach

A method based on the Security Market Line, part of the Capital Asset Pricing Model, used to evaluate the expected return of an investment relative to its risk.