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Which of the following concepts are associated with the “Cost of Quality” in project management? (Choose all that apply) A. Appraisal costs B. Management costs C. Prevention costs D. Failure costs E. Planning costs
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During project lose-out, the final task is to.... A. Verify that contractual obligations were met. B. Transfer the deliverables to the client. C. Reassign team member. D. Complete performance/lessons-learned records.
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Work packages are described in the: A. Work charter. B. Work schedule. C. Work breakdown structure. D. Work project plan. E. Statement of work.
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Which of the following terms is used to refer to the adjustment of task schedules to result in more effective human resource deployment? A. Resource fast tracking. B. Resource planning C. Resource leveling. D. Resource crashing. E. Resource loading.
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Certain resources have been added to tasks on the critical path so as to reduce the project duration. As a result the plan should then be reviewed for the: A. Possible lag time on other paths. B. Resource assigned to other tasks on the critical path. C. The most time consuming task remaining in the plan. D. Emergence of a new critical path.
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A benefit-cost ratio of 3.22 indicates a: A. Profit of s3.22 per unit produced. B. Profit of s3.22 for each dollar expended. C. Resources assigned to other tasks on the critical path. D. Payback of s3.22 for each dollar expended.
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During execution, a resource is added to the project team. What effect will this have on the project? A. The effect cannot be determined. B. The project duration will be shortened. C. A scope change will be required D. The quality of the project will be increased.
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Although they have a variety of side-effects, the primary objective of incentive clauses in a contract is to: A. Aligning contractor and buyer goals. B. Reduce risk for the contractor C. Controlling contractor costs D. Reduce costs to the buyer E. Reducing production costs.
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