Question: A contract between an organization and a vendor may include a clause that penalizes the vendor if the project is late. The lateness of a
A contract between an organization and a vendor may include a clause that penalizes the vendor if the project is late. The lateness of a project has a monetary penalty; penalty should be enforced or waived based on which one of the following?
A.
If the project manager could have anticipated the delay B.
If the project manager knew the delay was likely C.
Whether the delay was because of an unseen risk D.
Who caused the delay and the reason why
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