In Controlling Projects, the Term Close Out Refers to the Decision

question 110

True/False

In controlling projects, the term close out refers to the decision to terminate a project because the actual time required to complete the project was going to exceed the completion date established in the original project plan.

---

Definitions:

Microsoft Excel

A software program developed by Microsoft that allows users to organize, format, and calculate data with formulas using a spreadsheet system.

Microsoft Word

Microsoft Word is a widely used word processing software developed by Microsoft, offering tools for document creation, editing, and formatting.

Computer Virus

Malicious software designed to replicate itself and spread from one computer to another, often disrupting computer operations, stealing information, or damaging data.

Purge Program

Typically refers to a systematic effort to eliminate or remove unwanted or unnecessary information, files, or items from a system or space.