The _____ Schedule Is a Summary Level Schedule That Encompasses

question 41

Multiple Choice

The _____ schedule is a summary level schedule that encompasses the entire project scope.

• A) original
• B) milestone
• C) procurement
• D) master
• E) conceptual

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Definitions:

Insurable Interest

The financial interest that a policyholder has in the person or property that is insured.

Life Insurance

An insurance contract that provides monetary compensation for losses suffered by another’s death.

Beneficiary

A third party receiving benefits from a contract made between two other parties. Also, the person named in an insurance policy to receive benefits paid by the insurer in event of a claim.

Fire Insurance Policy

A contract that provides coverage against losses or damages caused by fire to property.