PMP Practice Exam 2025 – Your All-in-One Guide to Mastering Project Management Certification!

Question: 1 / 400

A request, demand or assertion of a contract partner for consideration, compensation or payment under a legally binding contract, such as a disputed change, is often referred to as a____.

Claim

A request, demand or assertion of a contract partner for consideration, compensation or payment under a legally binding contract is often referred to as a claim. A claim in this context refers to a specific demand or request made by a contract partner for a contracted service, payment, or compensation. Options B, C, and D are incorrect because they do not accurately describe a claim in the context of a contract. Option B, a trial, refers to a legal proceeding to determine the guilt or innocence of a person or entity accused of a crime. Option C, refinement, refers to the process of making improvements or achieving perfection in something. Option D, audit, refers to an official examination and verification of financial accounts and records. In contrast, a claim is a specific request or demand for consideration, compensation, or payment under a contract.

Get further explanation with Examzify DeepDiveBeta

Trial

Refinement

Audit

Next Question

Report this question

Download Project Management Professional (PMP) Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy