One party is prohibited from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.

O True

O False

The statement is: True.

Explanation:

While being part of a project, the project members in most cases sign a confidentiality agreement in which they are bound to share information regarding the plan being developed only for work purposes within the project's work-frame. Sharing information outside this scenario could be categorized as a fault since other parties could take advantage of the data to simulate similar projects without being involved in the creation of the venture model.

True

Explanation:

Disclosure of Proprietary information prohibit one party from disclosing confidential information, technologies, or processes utilized by the other party during the project to anyone else or using it for any purpose other than work on the project.