Correct Answer: A product that satisfies all of the requirements of the people who pay for it.
Explanation:
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More PMP - Project Management MCQ Questions
What are the 5 basic Phases of Project Management
A project management triangle is a model of the constraints of project management.
The margin on the project you are working on is low, and it is extremely important that the cost estimates for the work to be accurate. While reviewing the cost estimates for it, you notice that one for an element in the WBS is 10% higher than two previous projects for very similar work. What should you do?
At the middle of the project you calculate CPI = 1 of your project. What does it mean ?
True or False? One side of the project management triangle cannot be changed without affecting the others.
What kind of a relationship is it when completion of a successor is dependent on initiation of its predecessor?
Which one of these is NOT a stage of the phase-gate model?
A control shows seven data points on a row on one side of the mean. What should be done?
The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called?
During the full life cycle of the project, a plot of the project’s expected expenditure will usually follow a characteristic “S” shape. This indicates that: