To assist in budget control, it is suggested that the estimate occur at the _____ ____ ______ level of the WBS 1. Highest 2. Lowest 3. Major work effort 4. Third

To assist in budget control, it is suggested that the estimate occur at the _____ ____ ______ 

level of the WBS

1. Highest 

2. Lowest 

3. Major work effort 

4. Third
by

1 Answer

Answer :

2. Lowest
by

Related questions

The basic approach to Earned Value is toA. Sum up the Work Package Earned Values to calculate the Earned Value of the Control Account and ultimately the Project B. Multiply the percent complete by the value of the Work Package to calculate the "Earned Value" for that package C. Estimate a percent complete for each WBS Work Package D. All of the above

Description : The basic approach to Earned Value is to A. Sum up the Work Package Earned Values to calculate the Earned Value of the Control  Account and ultimately the Project  B. Multiply the percent complete by ... that package  C. Estimate a percent complete for each WBS Work Package  D. All of the above

Last Answer : D. All of the above

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Last Answer : a. layered description

To identify the tasks for a work plan the project manager can _____. a. control and direct the project b. estimate the size, staff the project, and remember technical skills c. establish a possible reporting structure d. list the four phases of the SDLC and the steps that occur in each e. set conservative numbers for the project software

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Which one of the following statements is true? a. Independ. Quality planning enables the project manager to manage the trade-off between customer expectations and budgetdent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations.

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Which one of the following statements is true? a. Independent reviews and quality audits form part of quality assurance to ensure the project manager delivers on time and to budget. b. Quality assurance provides confidence to stakeholders that requirements for quality will be exceeded. c. Quality control verifies that the project deliverables conform to specification, are fit for purpose and meet stakeholder expectations. d. Quality planning enables the project manager to manage the trade-off between customer expectations and budget.

Description : Which one of the following statements is true?  a. Independent reviews and quality audits form part of quality assurance to ensure the project  manager delivers on time and to budget. ... planning enables the project manager to manage the trade-off between customer  expectations and budget.

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Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms

Description : Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future ... . A situation that affects or influences the outcome of the project expressed in time or cost terms

Last Answer : a. An approximation of project time and cost targets, refined throughout the project life cycle.

The conceptual estimate is developed with the least amount of knowledge. When more information is known, the project team can d. scope of work e. ballpark estimatedevelop a: Select one: a. work breakdown structure b. critical estimate c. rough order of magnitude (ROM) estimate

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Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.

Description : Creating a work plan requires three steps: identify the tasks that need to be  accomplished, estimate the time that it will take to complete the tasks, and record the task  completion time in a Gantt Chart.

Last Answer : Ans: False

Which one of the following statements best defines an estimate? a. An approximation of project time and cost targets, refined throughout the project life cycle. b. A prediction of a future condition or event based on information or knowledge available now. c. The value of useful work done at any given point in a project to give a measure of progress. d. A situation that affects or influences the outcome of the project expressed in time or cost terms.

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Last Answer : a. An approximation of project time and cost targets, refined throughout the project life  cycle.

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Which of the following types of company will have the lowest level of investment in working capital to finance? A. Water suppliers B. Supermarkets C. Chemical manufacturers D. Ship builders E. Car

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