According to the PMBOK, a project is a endeavor undertaken to create a product or

A project is considered succesful if it$..$

satisfies all customer requirements

is completed on time

helps the customer and the design team learn more about their industries

is superior to all other competitors

is accepted by the customer

is completed on budget

Oh no$!$ One of your engineers just quit and they were working on a big project! Since you can't hire anyone else on such short notice, you'll need to increase the project's or decrease the project's to make the project successful.

The following chart is called a work breakdown structure:

True

False