PMP Exam Simulator

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info iconPMP exam lasts 4h and has 200 questions
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lock iconProject Management Responsibility

The software development company where you've been managing projects for the last 3 years is very successful and one of the best companies on the market today. The company has been working with numerous health care institutions for several years and has developed spectacular reputation for project being done on time and within budget. Recently you submitted a proposal in response to a bid for a telemedicine center project for one of the health care institutions in which your company has no previous experience and lack required expertise. All of the following statement regarding this situation are false EXCEPT: