What is the purpose of contingency costs in a detailed estimate? a. To provide a...
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Finance
What is the purpose of contingency costs in a detailed estimate? a. To provide a general idea of what a project might cost b. To serve as a reference point or benchmark against which actual project costs can be compared c. To manage the financial resources of a project d. To account for unforeseen costs or potential changes to the project scope What is the potential negative impact of expanding industrial activities in a certain area? a. Creating job opportunities b. Stimulating economic growth c. Increasing pollution d. All of the above Which of the following is an example of non-profit project financing? a. A bank loan b. A grant from a foundation c. An IPO d. A venture capital investment What is the main goal of sustainable development? a. To maximize profits for companies b. To ensure social and environmental impacts are negligible c. To promote environmental destruction d. To balance economic development with social and environmental considerations Who is responsible for ensuring legal feasibility of a project? a. The company's internal decision makers b. The regulatory authorities c. The local community d. The project's investors What are the potential consequences of ignoring social and environmental impacts of a project? a. Positive economic growth b. Increased social inequality c. Environmental destruction d. B and C
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