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limit and exclusionThe limits of scope should be defined. Failure to do so can lead to false expectations and to expending resources and time on the wrong problem.AACSB: AnalyticBloom's: ComprehensionLearning Objective: Step 1: Defining the Project ScopeLevel: Medium4-35Downloaded by zoljargal byambadorj ([email protected])lOMoARcPSD|3016524
Chapter04 - Defining the Project37. A project parameter such as completion date or cost is ________ if it is fixed and must be met. constrainedThe original parameter is fixed. The project must meet the completion date, specifications and scope of the project, or budget.AACSB: AnalyticBloom's: ComprehensionLearning Objective: Step 2: Establishing Project PrioritiesLevel: Medium38. Taking advantage of opportunities to reduce costs or accelerate the schedule are examples of project criteria being classified as ________. enhanceIn the case of time and cost, this usually means taking advantage of opportunities to either reduce costs or shorten the schedule. Conversely, with regard to performance, enhancing means adding value to the project.AACSB: AnalyticBloom's: ComprehensionLearning Objective: Step 2: Establishing Project PrioritiesLevel: Medium39. In making project trade-offs, a criteria that is allowed to not meet the original target is classified as ________. acceptQuestions to ask in regards to accept. For which criterion is it tolerable not to meet the original parameters? When trade-offs have to be made, is it permissible for the schedule to slip, to reduce the scope and performance of the project, or to go over budget?AACSB: AnalyticBloom's: ComprehensionLearning Objective: Step 2: Establishing Project PrioritiesLevel: Medium4-36Downloaded by zoljargal byambadorj ([email protected])lOMoARcPSD|3016524
Chapter04 - Defining the Project40. Developing a ________ provides a forum for clearly establishing priorities with customers and top management so as to create shared expectations and avoid misunderstandings. priority matrixOne technique found in practice that is useful for this purpose is completing a priority matrix for the project to identify which criterion is constrained, which should be enhanced, and which can be accepted.AACSB: AnalyticBloom's: KnowledgeLearning Objective: Step 2: Establishing Project PrioritiesLevel: Medium41. The result of subdividing the work of a project into smaller and smaller work elements is called ________. work breakdown structureOnce the scope and deliverables have been identified, the work of the project can be successively subdivided into smaller and smaller work elements. The outcome of this hierarchical process is called the work breakdown structure (WBS).AACSB: Reflective ThinkingBloom's: KnowledgeLearning Objective: Step 3: Creating the Work Breakdown StructureLevel: Easy42. The most detailed element in the hierarchical breakdown of the project work to be accomplished is known as the ________.