Which of the following are characteristics of a project? (Choose two.)
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A. B. C. D. E.AB.
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The correct answers are A and B.
A project is a temporary endeavor that has a defined start and end date, a specific scope, and a set of resources allocated to it. Projects are not ongoing, as they have a defined end date, and once the project is complete, the team disbands, and the resources are reallocated.
A project provides a unique product, service, or result, which means that it is not a repetitive task or an ongoing operation. A project has a defined set of deliverables that are produced once the project is completed. These deliverables could be a product, service, or result that meets specific requirements and satisfies the needs of the stakeholders.
Option C, "A project is an ongoing endeavor," is incorrect because projects are temporary and have a specific end date.
Option D, "A project involves scheduled maintenance," is incorrect because scheduled maintenance is a repetitive task that is part of ongoing operations and not a project.
Option E, "A project includes life-cycle cost management," is incorrect because life-cycle cost management is a practice that can be applied to projects, but it is not a defining characteristic of a project. Projects can have a variety of cost management practices, but the focus is on delivering the unique product, service, or result within the defined constraints of scope, schedule, and budget.