Two Key Elements of Project Control Are Time Management and Cost

question 98

True/False

Two key elements of project control are time management and cost management.

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Definitions:

Moral Principles

Moral principles are fundamental beliefs or values that guide behavior by distinguishing right from wrong and setting standards for ethical conduct.

Behavioral Ideals

Principles or standards of behavior considered desirable or exemplary within a society or group.

Ethics

Refers to a set of behavioral ideals or moral principles that guide us in determining right and wrong. We can think of these ideals and principles as a set of core values and beliefs.

Ethical Duty

A moral obligation to act in accordance with ethical principles or standards.