The Project Manager Establishes Ongoing Communication with the Customer to Keep

question 93

True/False

The project manager establishes ongoing communication with the customer to keep the customer at a distance and to determine whether there are any changes in expectations.

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Definitions:

Expected Monetary Value

A statistical technique in decision-making that calculates the average outcome when the future includes scenarios that may or may not happen.

Disaster Risk

The potential loss or damage that could result from the interaction of natural or human-made hazards with vulnerable conditions.

Suppliers

Businesses or individuals that provide goods or services to another entity along a supply chain, playing a vital role in production and distribution processes.

Multiple Suppliers

The strategy of sourcing a particular product or service from more than one supplier to reduce supply risk.