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NEW QUESTION: 1
Which of the following phases does NOT describe the commonly accepted construction life cycle?
A. Planning and design phase.
B. Claims and disputes phase.
C. Turnover and start-up phase.
D. Installation phase.
Answer: A

NEW QUESTION: 2
You work for an electrical utility company and will be managing a project to build a new substation that will serve a new industrial park. This project was authorized because of a______________
A. Customer request
B. Business need
C. Technological advance
D. Market demand
Answer: A
Explanation:
Projects can be authorized as a result of a market demand, organizational need, customer request, technological advance, legal requirement, ecological impact, or a social need. The new industrial park is an example of a project authorized because of a customer request. [Initiating] PMI@, PMBOK@ Guide, 2013, 69

NEW QUESTION: 3
If out of every £20 million increase in national income, £2 million is saved, £4 million is spent on imports and
£4 million is paid to the government in taxation, an increase in exports of £40 million will lead to an eventual increase in national income of
A. £400 million
B. £80 million
C. £40 million
D. £20 million
Answer: B