Which of the following is the burn rate of a project?

Question

Options

• AThe amount of project staff turnover over time
• BThe positive cash flow of the project for the organization over time
• CThe amount of expenditures supporting the project over time
• DThe amount of capital spent to ensure quality of the project deliverables

• A
  5% (2)
• B
  2% (1)
• C
  90% (37)
• D
  2% (1)

Explanation

Burn rate is the rate you are spending money over time. For example, if you had a $12,000 budget and you’re spending $2,000 a month, you’ll run out of money in six months.

No community discussion yet for this question.