Project Management Sophia 2,100% CORRECT

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Which of the following is not a method of creating a project budget?  Roll-up budgeting  Top-down budgeting  Comparison budgeting  Actual budgeting CONCEPT Budget Methods and Eva ... luation 2 All team members need to be included in determining time and effort estimates for which of the following reasons?  The team members need to know these estimates to delegate tasks.  Time and effort required is primarily dependent upon the project manager's expectations.  The team members need to know these estimates to hire contractors.  Time and effort required is primarily dependent upon team members' expertise. CONCEPT Time and Effort Estimates 3 In which of the following ways is estimating effort different from estimating time?  Effort estimates focus more on the labor required to complete project work.  Effort estimates include values for the length of time for project work.  Effort estimates focus more on general activities than on specific tasks.  Effort estimates consider the equipment needed by people to perform tasks. CONCEPT Project Schedule 4 What is the appropriate response to a risk that is coded yellow?  Monitor closely to reevaluate the probability of occurrence.  Take action to prevent the risk from impeding the project.  Do nothing so as to not exacerbate the risk.  Accept the fact the risk may occur. CONCEPT Classifying and Recording Risks 5 Which of the following is NOT covered during the Planning Approval meeting?  List of all documented risks  Review of project budget  List of individual tasks  List of needed resources CONCEPT Gaining Approval 6 Which of the following elements is NOT included as part of the fivestep process of developing a work breakdown structure?  Developing the budget  Identifying tasks [Show More]

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