Exhibit 15.1 The Following Questions Employ the AON Network and Partial Spreadsheet

question 42

Multiple Choice

Exhibit 15.1
The following questions employ the AON network and partial spreadsheet below.
-A project plan is established

• A) before project activities begin and is modified as time goes on and conditions change
• B) before project activities begin
• C) before project organization
• D) dynamically, as conditions change

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Definitions:

Marginal Benefits

The additional benefits or advantages gained from an increase in an activity or the consumption of a good or service.

Flood-Control Projects

Initiatives and constructions undertaken to manage and prevent flooding in vulnerable areas, typically involving barriers, dams, and water diversion systems.

Spillovers

Refers to the impact that an economic activity has on unrelated third parties, which can be either positive or negative.

Marginal Cost

The financial outlay required to produce one more unit of a product or service.