Which type of plan is used for one time or event only? a. Single Use b. Tactical Plan c. Short-term Plan d. Long-term Plan
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- The ideal outcome of the planning process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints Select one: True False Initiating involves developing a project charter, which is part of the project ______ management knowledge area. Select one: a. scope b. risk c. communications d. integration Estimate activity resources output Select one: a. Activity list, activity attributes, milestone list, project management plan updates b. Project schedule network diagrams, project documents updates c. Activity resource requirements, resource breakdown structure, project documents updates d. Schedule management plan As time progresses, the scope of a project should become ... Select one: a. more clear and specific b. more vague c. more ambiguous d. more difficultA company was replacing the single-use plastic bags with cloth bags. However, the selected fabric is on backorder and will not be in stock for three weeks. The vendor suggested using another fabric that is in stock, but it is less sturdy than the original choice.If the company decides to wait until the original fabric is available, this will change the __________ of the project. a.) cost b.) scope c.) quality d.) timelinetrue/false 25)Activity codes are used for filtering in reports. 26) Start/Finish updating is best for vertical construction. 27) Project control is about making decisions. 28) The relationship between present and future cost is linear.
- Unlike management reserves, contingency reserves are not likely to be spent and are not part of the project's budget baseline, but they can be included in the total project budget. Question 29 options: True FalseWhy is it necessary to record planning?What is the best practice sequence of steps to convert an estimate to a purchase order? A. Open the estimate, select the down arrow next to Create Invoice, import estimate to purchase order B. Open the estimate, change estimate status to Accepted, select the down arrow next to Create Invoice, copy to purchase order C. Open the estimate, then select Create purchase order at the top right of the screen D. Left Navigation Bar > Expenses > down arrow next to New Transaction > Convert estimate to purchase order
- The process of setting goals and establishing guidelines for meeting them is called: a. Planning. b. Supervising. c. Evaluating. d. Managing.If objectives are thought of as statements of where one wants to go, then a(n) ________ plan is a map that tells them how to get there. a. operational b. strategic c. contingency d. action QUESTION 7 A(n) ________ is defined as a plan for spending money. a. budget b. contingency plan c. schedule d. action planA 2011 study published in the Harvard Business reported an average cost overrun of ... Select one: a. 70% b. 27% c. 15% d. 88% On of them is not consider tool or techniques to assist in schedule development: Select one: a. PERT b. Critical chain scheduling c. Gant chart d. MTA matrix tractability array cost is “ a resource sacrificed or foregone to achieve a specific objective Select one: True False Intangible costs or benefits are ...... Select one: a. easy to measure in monetary terms such as gold b. difficult to measure in monetary terms c. easy to measure in monetary terms such as dollar d. easy to measure in term of time plan
- WZ Inc. is an event planning and promotion company who organizes events of different sizes for their clients. Planning and managing events have more than their fair share of frustrations and stressors. From last-minute changes to procrastinating clients, the profession isn’t for the faint of heart. Luckily, executing a successful event makes everything else (like the crazy long hours) worth it. There is a major event planning project due in 8 weeks. The penalty for planning the event late is $14 000 per week,Mr. Munir is writing how much sales he is expecting in the next three months. What function does Mr. Munir is performing? a. Planning b. Directing C.Organizing D.ControllingWhat are subflows and when should you use them?