1) Which of the following questions might a stake-holder or a senior executive NOT ask during a review of a Decision Tree which is used for the basis of a project decision:
A) What is the basis for the estimated income levels of the various project alternatives displayed on the decision tree?
B) Can you show me the historical data used to base the probability of a particular decision choice?
C) Can you reduce the number of decision nodes on the Decision Tree (so it is less confusing) ?.
D) Given that the project is being done in multiple countries, how recent is the cost conversion data t o US Dollars?
2) Monitoring project progress requires all of the following types of information except:
A - Materials expenditures
B - External labor charges
C - State of project content (scope)
D - Project team time-off plans
in question 1, the correct answer is option B ( Can you show me the historical data used... View the full answer