Facilities costs in the project costs estimate are for: Question options: s even if not for the project. additional space for the project team. or the project organization. additional space for the organization where other projects will be in progress. Resource utilization charts based on each activity's earliest start time are said to be based: Question options: ule plan. ossible (ASAP) schedule. es. ble (ALAP) schedule. When several activities need the same limited resource at the same time, the activities with the: Question options: t priority. ave first priority. ve first priority. st priority. Determining the earned value involves collecting data on the percent complete for each work package and then converting this percentage to a dollar amount by multiplying the __________ of the work package by the percent complete. Question options:
value (CEV) cost (CAC) ed cost (CBC) (TBC) The budget for each work package is: Question options: of the project. e duration of the work package. y on the last day of the work package. y on the first day of the work package. The project cost estimate is allocated to the: Question options: oject. the project. ages in the project work breakdown structure. Allocating total project costs for the various elements to the appropriate work packages will establish: Question options: urces to the work package. ts for the work package. ense for the work package. ost (TBC) for each work package. A cost is determined for each period, based on when the activities that make up the work package are scheduled to be performed, to create: Question options: .
the project. . udget. Why are activities drawn in a serial relationship in a network diagram? Question options: letion doesn't matter. different resources. tandpoint, the activities must be performed in that sequence. ndependent of each other. The __________ for the entire project or each work package provides a baseline against which actual cost and work performance can be compared at any time during the project. Question options: (TBC) cost (CAC) value (CEV) ed cost (CBC) Once a total budgeted cost has been established for each work package, the second step in the project budgeting process is to: Question options: t the start of its work package. t the end of its work package. C over the duration of its work package. C over the project by dividing the total by the number of work packages and assigning that amount to each. It is important to use the __________ as the standard against which actual cost is compared. Question options:
on The __________ is the sum of the estimated costs of all the specific activities that make up a work package or the project. Question options: total budgeted cost (TBC) cumulative earned value (CEV) cumulative actual cost (CAC) cumulative budgeted cost (CBC)
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- Fall '17
- Project Management, CBC, Ivity