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Aside from routine retail transactions, virtually all contracts satisfy which of the following criteria for being a project?
Suggested Answer: D
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42 comments · newest first
AR
Aracelis
10 months ago
Wait, all contracts are projects? That seems off.
LU
Lucille
10 months ago
I think it's just A and C, not B.
HE
Herman
10 months ago
Totally agree, they all fit the project criteria!
KA
Karl
10 months ago
Not sure about that, some contracts are super simple.
CA
Carlee
11 months ago
Definitely all of the above!
DA
Dannie
11 months ago
I want to say it's D, "All of the above," because they all seem to describe what makes a project, but I hope I’m not missing something!
DE
Denny
11 months ago
I feel like "coordinated undertaking of related activities" is also crucial, but I can't recall if it was part of the answer in the examples we went over.
AV
Avery
11 months ago
I remember a practice question that emphasized the goal-oriented aspect. It seems like that might be key here.
LI
Lisandra
12 months ago
I think all of them are important, but I'm not sure if "finite duration" applies to every contract.
LE
Leanora
12 months ago
I'm a little confused by this question. Are all contracts considered projects, or just the ones that meet these specific criteria? I want to make sure I understand the distinction before answering.
LE
Leonard
12 months ago
Okay, let's see. Routine retail transactions are probably not considered projects, since they're more repetitive. But other contracts would likely meet the criteria of being goal-oriented, coordinated, and having a finite duration. I'll go with D.
TA
Tammara
1 year ago
Hmm, I'm not sure about this one. I know projects have a defined goal and timeline, but I'm not confident about the "coordinated undertaking" part. Let me think this through a bit more.
BE
Beckie
1 year ago
This question seems straightforward. I think the answer is D, since all the criteria listed are typical characteristics of a project.
DE
Desmond
1 year ago
D all the way. Contracts are the legal equivalent of a 'choose your own adventure' book, but with higher stakes.
KE
Kenneth
1 year ago
D, of course! Contracts are like mini-projects - you sign on the dotted line, and it's game on!
GW
Gwenn
1 year ago
D, indeed! Contracts encompass all these criteria, making them similar to projects in many ways.
LA
Lauran
1 year ago
Exactly! Contracts have specific goals, involve related activities, and have a set duration. It's like a mini project!
LE
Leigha
1 year ago
D) All of the above
CH
Cherrie
1 year ago
C) finite duration
BO
Bonita
1 year ago
B) coordinated undertaking of related activities
IR
Irma
1 year ago
A) goal oriented
FI
Filiberto
1 year ago
Hmm, I'd say C. Finite duration is the key aspect that distinguishes a contract from a routine transaction.
AL
Allene
1 year ago
D) All of the above
DA
Dana
1 year ago
C) finite duration
MO
Moira
1 year ago
B) coordinated undertaking of related activities
CH
Cherelle
1 year ago
A) goal oriented
CH
Chantay
1 year ago
D, no doubt. A contract is the quintessential example of a project, ticking all the boxes.
GE
German
1 year ago
D) All of the above
MO
Mozell
1 year ago
C) finite duration
FL
Fletcher
1 year ago
B) coordinated undertaking of related activities
JU
Jutta
1 year ago
A) goal oriented
JI
Jill
1 year ago
Definitely D. Contracts are inherently goal-oriented, coordinated, and have a finite duration. Anything less wouldn't be a proper contract.
LO
Lourdes
1 year ago
And don't forget, contracts have a set timeframe in which they need to be completed.
TH
Thora
1 year ago
Yes, they also involve a series of related activities that need to be coordinated.
DE
Deandrea
1 year ago
I agree, contracts need to have a clear goal to work towards.
LE
Leoma
1 year ago
I'm not sure, but I think it makes sense that projects should have all those criteria to be considered as such.
RE
Rene
1 year ago
I agree with Gearldine, because projects need to have a goal, be coordinated, and have a finite duration.
GE
Gearldine
1 year ago
I think the answer is D) All of the above.
AN
Annita
1 year ago
I think the answer is D. All of the above criteria are essential for a contract to be considered a project.
SA
Santos
1 year ago
That's right, D) All of the above covers all the necessary criteria for a project.
JI
Jill
1 year ago
Yes, a project needs to have a goal, be coordinated, and have a finite duration.
RO
Roxane
1 year ago
I agree, all of the criteria are important for a project.