An Options Model Could Be Used When Financial Criteria Would

question 40

True/False

An options model could be used when financial criteria would change significantly over time.

---

Definitions:

Project Risk Management

The process of identifying, analyzing, and responding to project risks to minimize their impact.

Positive Float

The extra time available beyond a project's expected completion time, allowing for delays without affecting the deadline.

Negative Float

In project management, the amount of time by which a project task or activity must be accelerated to meet a deadline or to align with subsequent tasks.

Project Management Skills

Competencies required to effectively plan, execute, monitor, and close a project, including leadership, organizational, and communication skills.